On October 1, Indiana Company issued $10,000, 8%, five-year bonds at 98…

On October 1, Indiana Company issued $10,000, 8%, five-year bonds at 98. What is the adjusting entry on December 31 using straight-line method? A. ; Bond Interest Expense 800
Bond Interest Payable 800
; ;
B. ; Bond Interest Expense 200
Bond Interest Payable 200
; ;
C. ; Bond Interest Expense 190
Discount on Bonds Payable ; 10
Bond Interest Payable 200
; ;
D. ; Bond Interest Expense 210
Discount on Bonds Payable 10
Bond Interest Payable200