Which accounts are affected when recording the retirement of bonds with a gain?

• A. Bonds Payable, Discount on Bonds Payable, Cash, Interest Expense
• B. Bonds Payable, Premium on Bonds Payable, Cash, Loss on Retirement
• C. Bonds Payable, Interest Expense, Cash
• D. Bonds Payable, Discount on Bonds Payable, Cash, Gain on Retirement

Answer: (D)