Suppose that Verizon issues 5,000,10-year, 8%,$1,000 bonds dated January 1 , 2025 at 103 . The journal entry to record the sales of the bonds will include A) credit to Bonds Payable for $5,000,000. B) debit to Cash of $5,000,000. C) debit to Premium on Bonds Payable for $150,000. D) credit to Cash for $5,150,000