Five Thousand Bonds with a Face Value of $1000 Each

Five thousand bonds with a face value of $1000 each are sold at 102.Recording the issuance includes a(n)

A) Increase to Cash and an increase to Bonds Payable for $5100000.
B) Increase to Cash for $5000000 a decrease to Premium on Bonds Payable for $100000 and an increase to Bonds Payable for $5100000.
C) Increase to Cash for $5100000 and an increases to Premium on Bonds Payable for $100000 and to Bonds Payable for $5000000.
D) Increase to Cash for $5100000 a decrease to Discount on Bonds Payable for $100000 and an increase to Bonds Payable for $5000000.