Cullumber Company issued $1,550,000 of bonds on January 1, 2022. (a) Prepare the journal entry...
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Cullumber Company issued $1,550,000 of bonds on January 1, 2022. (a) Prepare the journal entry to record the issuance of the bonds if they are issued at (1) 100, (2) 96, and (3) 101. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the redemption of the bonds at maturity, assuming the bonds were issued at 100 . (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the redemption of the bonds before maturity at 96 . Assume the balance in Premium on Bonds Payable is $8,850. (Credit account titles are automatically indented when amount is entered. Do not indent manually
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Cullumber Company issued $1,550,000 of bonds on January 1, 2022. (a) Prepare the journal entry to record the issuance of the bonds if they are issued at (1) 100, (2) 96, and (3) 101. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the redemption of the bonds at maturity, assuming the bonds were issued at 100 . (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the redemption of the bonds before maturity at 96 . Assume the balance in Premium on Bonds Payable is $8,850. (Credit account titles are automatically indented when amount is entered. Do not indent manually 