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At December 31, 2020, Cullumber Corporation has the following account balances: Bonds payable, due January 1, 2029 Discount on bonds payable Interest payable $1,400,000 87,000
At December 31, 2020, Cullumber Corporation has the following account balances: Bonds payable, due January 1, 2029 Discount on bonds payable Interest payable $1,400,000 87,000 79,000 Show how the above accounts should be presented on the December 31, 2020, balance sheet, including the proper classifications. (Enter account name only and do not provide descriptive information.) Cullumber Corporation Balance Sheet (Partial) $
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