Issuance of Long-Term Debt EWO Enterprises issues $180,000 of bonds payable. Required: Provide the necessary journal entry to record the issuance of the bonds assuming: a. The bonds were issued at par. Cash 180,000 Bonds Payable 180,000 (Record issuance of bond at par) b. The bonds were issued at 104.5. Cash 4,500,000 Premium on Bonds Payable > 202,500 xxx Bonds Payable 4,702,500 (Record issuance of bond at premium) c. The bonds were issued at 99. Cash 4,455,000 Discount on Bonds Payable 4,500,000