Prepare the journal entry for the issuance assuming the bonds are issued at 101. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Of for the amounts. List all debit entries before credit entries.) On January 1, 2025, Cullumber Company issued bonds with a face value of $750,000. The bonds carry a stated interest of 7% payable each January 1