*Do It! Review 8-2 Culver Corporation issues $395,000 of bonds for $414,750 Your answer is partially correct. Try again. Prepare a tabular summary to record the issuance of the bonds. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Stockholders' Equity Retained Earnings Cash Bond Pay. +Prem. on Bond Pay. +Common Stock + Revenue Expense Dividend 39500 414750 [x] Your answer is incorrect. Try again. Show how the bonds would be reported on the balance sheet at the date of issuance CULVER CORPORATION Balance Sheet (Partial) Current Assets