Exhibit 14-3 Jones Corporation Issued $400,000 of Its 8%, 10-Year

Exhibit 14-3 Jones Corporation issued $400,000 of its 8%, 10-year bonds, dated January 1, 2013, at face value plus accrued interest on May 1, 2013. Interest is paid on January 1 and July 1. Jones uses the most common method to record the sale of the bonds between interest payment periods.
-Refer to Exhibit 14-3. The entry to record the payment of interest on July 1, 2013, would include a

A) credit to Bond Interest Expense for $10,667
B) debit to Premium on Bonds Payable for $154
C) credit to Cash for $16,000
D) debit to Bond Interest Payable for $16,000