A $250,000 Issue of Bonds That Sold for $275,000 Matures

Multiple Choice

A $250,000 issue of bonds that sold for $275,000 matures on June 25,2020.The journal entry to record the payment of the bond on the maturity date is to:

A) debit Cash,$250,000;credit Bonds payable,$250,000.
B) debit Bonds payable,$250,000;credit Cash,$250,000.
C) debit Cash,$275,000;credit Bonds payable,$275,000.
D) debit Bonds payable,$275,000;credit Cash,$275,000.