A company issues $90,000 of 5%, 5-year bonds dated January 1 that pay interest semiannually on June 30 and December 31 each year. If the issuer accepts $95,000 for the bonds, the issuer will record the sale with a (debit/credit) ________ to (Discount/Premium) ________ on Bonds Payable in the amount of $5,000.
O credit; Discount
O credit; Premium
O debit; Premium
O debit; Discount