Cullumber Corporation issues $430,000 of bonds for $447,200. (a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented whe is entered. Do not indent manually.) Account Titles and Explanation Debit Credit

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Cullumber Corporation issues $430,000 of bonds for $447,200.
(a)
Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount
is entered. Do not indent manually.)
Account Titles and Explanation
eTextbook and Media
List of Accounts
Debit
Credit
Transcribed Image Text:Cullumber Corporation issues $430,000 of bonds for $447,200. (a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit
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