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b please Cullumber Corporation issued $342,000 of 6%,10-year bonds on January 1,2024 , at face value interest is payable annually on January 1.2025. (a) Prepare

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Cullumber Corporation issued $342,000 of 6%,10-year bonds on January 1,2024 , at face value interest is payable annually on January 1.2025. (a) Prepare the journal entry to record the issuance of the bonds ilist debit enity before credit entry Credit occount titici ant outomatically indented when the amount is entered. Do not indknt manually. N/ no entry is required, select "No Entry' for the account Bities and enter ofor the onounts) (b) Prepare the joumal entry to record the accrual of interest on December 31, 2024. (Lht debit entry hefore constr entry Credit account account tilisi ind enter ofor the anments.)

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