On Jаnuаry 1, 2015, Smith Cоrpоrаtiоn issued $5,000,000, 10-year, 8% bonds at 102. Interest is payable annually on January 1. The journal entry to record this transaction on January 1, 2015 is a. Cash....................................................................................... 5,000,000 Bonds Payable............................................................. 5,000,000 b. Cash....................................................................................... 5,100,000 Bonds Payable............................................................. 5,100,000 c. Premium on Bonds Payable.................................................. 100,000 Cash......................................................................................5,000,000 Bonds Payable............................................................. 5,100,000 d. Cash....................................................................................... 5,100,000 Bonds Payable............................................................. 5,000,000 Premium on Bonds Payable......................................... 100,000