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Cullumber Company issued $430,000 of bonds on January 1, 2020. (a) Prepare the journal entry to record the redemption of the bonds at maturity,
Cullumber Company issued $430,000 of bonds on January 1, 2020. (a) Prepare the journal entry to record the redemption of the bonds at maturity, assuming the bonds were issued at 100. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit
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