Sandy Co. issued $210,000 worth of 10% bonds on January 1, 2023, at face value. The bonds are due on January 1, 2027, with interest payable each July 1 and January 1. What is the required journal entry on January 1, 2027, assuming the interest has already been paid? Select one: a. No journal entry is required and only a note to the statement needs to be made b. Debit Bonds Payable $231,000; credit Cash $231,000 c. Debit Cash $210,000; credit Bonds Payable $210,000 d. Debit Bonds Payable $210,000; credit Cash $210,000