On January 1, Parson Freight Company issues 70 % , 10- year bonds with a par value of $3,000,000. The bonds pay interest semiannually. The market rate of interest i 8.0% and t e bond selling price was $2,796,147. The bond issuance should be recorded as: Multiple Choice Debit Cash $3.000.000: credit Bonds Pavable $3.000.000. Debit Cash $2796.147, debit Discount on Bands Pavable $203.853, credit Bonds Pavable $3.000.000. Debit Cash $2796.147; debit Interest Expense $203.853: credit Bonds Payoble $3.000,00o0. Debit Cash S2796,147, credit Bonds Payable $2796147 Dobit Cash $3,000,000, credit Bonds Payable $2796,147; credit Discount on Bonds Paysble $203,853