Multiple Choice Question 79 On October 1, 2017 Sheffield Corp. issued 696, 10-year bonds with a face value of $8010000 at 104. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis. The entry to record the issuance of the bonds would include a O credit of $320400 to Premium on Bonds Payable. O credit of $240300 to Interest Payable. O debit of $320400 to Discount on Bonds Payable. O credit of $7689600 to Bonds Payable