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CALDA Exercise 10-10 (Video) On January 1, 2020, Cullumber Company issued $200,000, 55-year bonds at...

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CALDA Exercise 10-10 (Video) On January 1, 2020, Cullumber Company issued $200,000, 55-year bonds at face value Interest is payable anyone (a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered one incent manually.) Date Account Titles and Explanation Debit Credit Jan. (b) Prepare the journal entry to record the accrual of interest on December 31, 2020. (Credit account titles are automatically indented when amount is entered Do not indent manually) Date Account Tities and Explanation Dec. 31 Debit Credit (c) Prepare the journal entry to record the payment of interest on January 1, 2001: (Credit account titles are automatically indested whelt amount is ested. De not indent manually.) Date Account Titles and Explanation Debit Credit 2000-2003 Winnert. A whom R T W K S G D F M . N B V Z

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