Save Answer Question 1 0.6 points Molina Corporation issues 10-year, 8%, $5,000,000 bonds dated January 1, 2017, at 103. The journal entry to record the issuance will show a debit to Cash of $5,000,000 debit to Premium on Bonds Payable for $150,000 credit to Bonds Payable for $5,000,000 credit to Cash for $5,150,000