Blandings Glassware Company Issues $1,150,000 of 15%,10-Year Bonds at 95

Blandings Glassware Company issues $1,150,000 of 15%,10-year bonds at 95 on February 28,2017.The bonds pay interest on February 28 and August 31.The journal entry to record the issuance includes a ________.

A) debit to Cash for $1,150,000
B) credit to Bonds Payable for $1,092,500
C) credit to Discount on Bonds Payable for $57,500
D) debit to Cash for $1,092,500