Question Completion Status: Moving to another question will save this response. >> Question 7 2.5 points Save Answer On the first day of a fiscal year, Apple Company issues a $1,000,000, 6%, five-year bond that pays semiannual interest of $30,000, receiving cash of $936,420. Journalize the entry to record the issuance of the bonds O a. Debit: Cash 936,420 Debit: Discount on Bonds Payable 63,580 Credit: Bonds Payable 1,000,000 O b. Debit: Cash 1,000,000 Credit: Bonds Payable 1,000,000 O c. Debit: Cash 1,000,000 Credit: Discount on Bonds Payable 63,580 Credit: Bonds Payable 936,420 O d. No entry required > Moving to another question will save this response. > 5:32 PM 7/15/2022 prt sc home end insert F10 F11