Baylor Enterprises Has Bonds Outstanding with a Face Value of $200,000

Multiple Choice

Baylor Enterprises has bonds outstanding with a face value of $200,000 and a carrying value of $206,000 on December 31,20x5.If the company calls in and retires these bonds on December 31,20x5,for $210,000,the entry to record the retirement will include a

A) debit to Bonds Payable for $206,000.
B) credit to Cash for $206,000.
C) debit to Loss on Retirement of Bonds for $6,000.
D) debit to Loss on Retirement of Bonds for $4,000.