On January $1.$ Parson Freight Compary Issues $8\mathrm{.}0\%,10-$vear bonds with a par value of $$3,200,000.$ The bonds pay interest semiannually. The market rate of interest is $9\mathrm{.}0\%$ and the bond selling price was $$2,982557.$ The bond issuance should be recorded assi

Denit Cash $$3\mathrm{.}200,000.$ umdit Bands Payable $$2\mathrm{.}982\mathrm{.}557$ : credit Discount on Blands Payable $$217,443.$

Debit Cash $$2\mathrm{.}982\mathrm{.}557$ i credit Bonds Payable $$2\mathrm{.}982\mathrm{.}557,$

Debit Cash $$2\mathrm{.}982\mathrm{.}557$; debit Interest Expense $$217\mathrm{.}443$; credit Bonds Payable $$3\mathrm{.}200,000.$

Debit Cash $$3,200,000,$ credit Bonds Payable $$3,200,000.$

Debit Cash $$2,982,557$: debit Discount on Bonds Payable $5217,443.$ credit Bonds Payabie $$3,200,000.$