The journal entry for $300,000 of bonds that are issued at 95 is ? A. debit Cash, $300,000; credit Bonds payable, $285,000; credit Premium on bonds payable, $15,000. B. debit Cash, $285,000; debit Discount on bonds payable, $15,000; credit Bonds payable, $300,000. C. debit Cash, $300,000; credit Bonds payable, $300,000. D. debit Cash, $285,000; credit Bonds payable, $285,000.