A $100,000 Bond Issue with a Carrying Value of $103,000

A $100,000 bond issue with a carrying value of $103,000 is called at 101 and retired.The entry to record the retirement of bonds would be:

A)
$\begin{array} { l c l } \text { Bonds Payable } & 101,000 & \\ \text { Loss on Retirement of Bonds } && 2,000 \\\quad \text { Cash } & && 103,000\end{array}$
B)
Bonds Payable $\quad 100,000$
Unamortized Bond Premium $\quad 3,000$
$\begin{array} { l c } \text { Cash } & 101,000 \\ \text { Gain on Retirement of Bonds } & 2,000 \end{array}$
C)
$\begin{array}{lll}\text { Bonds Payable } & 100,000 & \\\text { Loss on Retirement of Bonds } & & 3,000 \\\quad \text { Cash } & & & 103,000 \\\end{array}$

D)
$\begin{array}{ll}\text { Bonds Payable } & 103,000 \\\text { Cash } &&103,000\end{array}$