A Local Government Issued Bonds and Recorded the Event by Debiting

A local government issued bonds and recorded the event by debiting Cash and crediting Other Financing Source - Proceeds of Bonds and Other Financing Source - Premium on Bonds. What is the worksheet entry when preparing the government-wide statements?

A) Debit Other Financing Sources - Proceeds of Bonds and Other Financing Sources - Premium on bonds and Credit Bonds Payable and Premium on Bonds
B) Debit Cash and Credit Bonds Payable and Premium on bonds
C) Debit Other Financing Sources - Proceeds of Bonds and Credit Bonds payable and Premium on Bonds
D) No adjustment is necessary