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Culver Corporation issues $395,000 of bonds for $414,750. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented

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Culver Corporation issues $395,000 of bonds for $414,750. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually,) Account Titles and Explanation Debit Credit 395000 bonds Payable 14750 SHOW LEST OF ACCOUNTS Show how the bonds would be reported on the balance sheet at the date of issuance CULVER CORPORATION Balance Sheet (Partlal Bonds Payabie Discount on Bonds Payable

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