Which of the Following Statements Is Incorrect? Under AASB 139

Which of the following statements is incorrect? Under AASB 139:

A) debentures must initially be recorded at fair value
B) transactions costs must never be incorporated into the carrying amount of debentures
C) in the case of par issues the fair value is usually the same as the par amount
D) premium or discount on issue should not be recognised as a revenue or expense in the period in which the debenture is issued