Question: A company issues $ 9 0 , 0 0 0 of 9 % , 1 0 - year bonds dated January 1 that pay interest

A company issues $90,000 of 9%,10-year bonds dated January 1 that pay interest semiannually on June 30 and December 31 each year. If bonds are sold at par value, the issuer records the payment of principal at maturity with a (debit/credit) Blank______ to bond payable in the amount of Blank______.
Multiple choice question.
debit; $171,000
debit; $90,000
credit; $171,000
credit; $90,000

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