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Sleepingdog Corporation issues 1 , 0 0 0 , 1 0 - year, 8 % , $ 1 , 0 0 0 bonds dated January

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Sleepingdog Corporation issues 1,000,10-year, 8%,$1,000 bonds dated January 1,2021, at 97. The journal entry to record the issue will show a
Select one:
A. debit to Cash for $970,000.
B. debit to Cash for $1,000,000.
C. credit to Bonds Payable for $1,000,000.
D. credit to Discount on Bonds Payable for $30,000.
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