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Cullumber Company issued $1,840,000of bonds on January 1, 2020. a) Prepare the journal entry to record the issuance of the bonds if they are issued

Cullumber Company issued $1,840,000of bonds on January 1, 2020.

a) Prepare the journal entry to record the issuance of the bonds if they are issued at (1)100, (2)98, and (3)105.

1.

2.

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b)Prepare the journal entry to record the redemption of the bonds at maturity, assuming the bonds were issued at100.

c) Prepare the journal entry to record the redemption of the bonds before maturity at98. Assume the balance in Premium on Bonds Payable is $9,500.

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