A Ten-Year Bond Has a Face Value of $10,000,a Face $\begin{array}{llr} \text { Bond Interest Expense } &520\\ \text { Unamortized Bond Premium} &&30\\ \text {Cash } &&&550\end{array}$

A ten-year bond has a face value of $10,000,a face interest rate of 11 percent,an unamortized bond premium of $400,and an effective interest rate of 10 percent.The bonds were issued on one of the semi-annual interest payment dates.The entry to record the bond interest expense on the first semi-annual interest payment date is: (assuming the effective interest method of amortization) ,

A)
$\begin{array}{llr} \text { Bond Interest Expense } &520\\ \text { Unamortized Bond Premium} &&30\\ \text {Cash } &&&550\end{array}$

B)
$\begin{array}{llr} \text {Bond Interest Expense } &520\\ \text { Cash } &&520\\\end{array}$

C)
$\begin{array}{llr} \text { Bond Interest Expense } &550\\ \text { Cash} &&550\\\end{array}$

D)
$\begin{array}{llr} \text { Unamortized Bond Premium } & 520\\ \text { Cash} && 520\\\end{array}$