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On Jantary 1, Cullumber Companyissued $342,000,10%, 10-year bonds at face value. Interest is payable annually on January 1. (a) Prepare the journal entry to record

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On Jantary 1, Cullumber Companyissued $342,000,10%, 10-year bonds at face value. Interest is payable annually on January 1. (a) Prepare the journal entry to record the payment of interest on January 1. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent monually, If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts

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