Yanik Corporation issues 1,000, 10-year, 8%, $1,000 bonds dated January 1, 2010, at 97. The journal entry to record the issuance will show a

		a. debit to Cash of $1,000,000.
		b. debit to Discount on Bonds Payable for $30,000.
		c. credit to Bonds Payable for $970,000.
		d. credit to Cash for $970,000.