Refunding Bonds Were Issued by an Enterprise Fund with a Face

Refunding bonds were issued by an Enterprise Fund with a face value of $15,000,000 at a 1% discount. Issuance costs were $225,000. The entry to record the issuance of the refunding bonds would be $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\begin{array}{lrr}&\text { Debit } &\quad \text { Credit }\end{array}$
A)
$\begin{array}{lrr}\text { Cash } & \$ 14,625,000 & \\\text { Expenditures } & 225,000 & \\\text { Other Financing Uses - Discount } & 150,000 & \\\quad \text { Other Financing Sources - Bonds } & & \$ 15,000,000 \\\end{array}$

B)
$\begin{array}{lrr}\text { Cash } & \$ 14,625,000 & \\\text { Expenditures } & 225,000 & \\\quad \text { Other Financing Sources - Bonds } & & \$ 14,850,000 \\\end{array}$


C)
$\begin{array}{lrr} \text { Cash } & \$ 14,625,000 & \\\text { Unamortized Deferred Charges/Discount } & 375,000\\\text { Bond Payable } & &\$15,000,000\\\end{array}$

D)
$\begin{array}{lrr}\text { Cash } &\quad\quad\quad\quad\quad\quad\quad\quad \$ 14,625,000 & \\\text { Bond Issuance Expense } & 225,000 & \\\text { Unamortized Discount } & 150,000 & \\\quad \text { Bonds Payable } & & \$ 15,000,000\end{array}$