The City of Twizzle Issues $1,000,000 Face Value of General $\begin{array}{ll}\text { Cash } & 1,100,000 \\\text { Other financing source--long-term debt issued } && 1,100,000 \\\end{array}$

The City of Twizzle issues $1,000,000 face value of general obligation bonds for $1,100,000. The bonds will be used for the construction of new city streets. What journal entry should the City make in its Capital Projects Fund to record the issuance of these bonds?
a.
$\begin{array}{ll}\text { Cash } & 1,100,000 \\\text { Other financing source--long-term debt issued } && 1,100,000 \\\end{array}$

b.
$\begin{array}{ll}\text { Cash } & 1,000,000 \\\text { Other financing source-long-term debt issued } && 1,000,00\end{array}$

c.
$\begin{array}{lr}\text { Cash } & 1,100,000 \\\text { Other financing source-long-term debt issued } && 1,000,000 \\\text { Other financing source--bond issue discount } && 100,000\end{array}$

d.
$\begin{array}{lr}\text { Cash } & 1,100,000 \\\text { Other financing source-long-term debt issued } && 1,000,000 \\\text { Other financing source--bond issue premium } && 100,000\end{array}$