Torres Corporation issued 5500,000 of 5%, 10-year bonds payable at a price of 92 The market interest rate at the date of cance was and the band pay in aty interest payment using the effective interest amortization methods OA Date Debit Credit 14.500 Accounts and Explanation Interest Expense Discount on Bond Payable Cash Accounts and Explanation Interest Expense Discount on Bondu Payable 2.000 12.500 B. Date Dobit Credit 16,300 1,300 15.000 CA Date Credit Dube 17.000 Accounts and Explanation Interest Expense Discount on Bonds Payable Cash 2000 15.000