A $200,000 Bond Issue with a Carrying Value of $194,000 $\begin{array} { l r } \text { Bonds Payable } & 200,000 \\\text { Gain on Retirement of Bonds } && 6,000 \\\text { Cash } && 194,000\end{array}$

A $200,000 bond issue with a carrying value of $194,000 is called at 101 and retired.The entry to record the retirement of bonds would be:

A)
$\begin{array} { l r } \text { Bonds Payable } & 200,000 \\\text { Gain on Retirement of Bonds } && 6,000 \\\text { Cash } && 194,000\end{array}$
B)
$\begin{array}{ll}\text { Bonds Payable } & 200,000 \\\text { Cash }&& 200,000\end{array}$
C)
$\begin{array} { l r r } \text { Bonds Payable } & 200,000 & \\\text { Loss on Retirement of Bonds } & 8,000 & \\\quad \text { Unamortized Bond Discount } & & 6,000 \\\quad \text { Cash } && 202,000\end{array}$
D)
$\begin{array}{ll}\text { Bonds Payable } & 194,000 \\\text { Loss on Retirement of Bonds } & 8,000 \\\quad \text { Cash } &&202,000\end{array}$