QUESTION 7 The journal entry to record the issuance of bonds at face value will include a credit to: a. Premium on bonds payable. b. Discount on bonds payable. O c. Cash. d. Bonds payable. QUESTION 8 The journal entry to record the amortization of a discount on bonds payable on an interest payment date, will include a: a. debit to Cash. b. debit to Interest expense. c. debit to Discount on bonds payable. d. credit to Bonds payable