A company issued $$1,000,000$ of $30-$year, $8\%$ callable bonds on April $1,$ with interest payable on April $1$ and October $1.$ The fiscal year of the company is the calendar year. What is the journal entry needed when the bonds are issued at face value?

a$.$ debit Cash and Discount on Bonds Payable and credit Bonds Payable

b$.$ debit Cash and credit Premium on Bonds Payable and Bonds Payable

c$.$ debit Cash and credit Bonds Payable

d$.$ debit Bonds Payable and credit Cash