Exercise 10-10 Cullumber Company issued $420,000, 10-year, 7% bonds at 105. Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1 Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT Suppose the remaining Premium on Bonds Payable was s12,600 on December 31, 2020. Show the balance sheet presentation on this date. CULLUMBER COMPANY Balance Sheet (Partial) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO APPLIED SKILLS