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Problem 15-02A a-c (Video) Cullumber Electric sold $4,055,000, 10%, 10-year bonds on January 1, 2020. The bonds were dated January 1, 202 Prepare the journal

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Problem 15-02A a-c (Video) Cullumber Electric sold $4,055,000, 10%, 10-year bonds on January 1, 2020. The bonds were dated January 1, 202 Prepare the journal entry to record the issuance of the bonds on January 1, 2020. (Credit account titles are autor Date Account Titles and Explanation Debit Credit Jan. 1, 2020 Cash 3,892,800 Discount on Bonds Payable 162,200 Cash 4,055,000 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT VIDE ry 1, 2020. The bonds were dated January 1, 2020, and paid interest on January 1. The bonds were sold at 96. anuary 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent mm Debit Credit 3,892,800 162,200 4,055,000 VIDEO: SIMILAR PROBLEM At December 31, 2020, $8,400 of the Discount on Bonds Payable account has been amortized. Show the ba and do not provide descriptive information.) Cullumber Electric Balance Sheet (Partial) $ I SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT On January 1, 2022, when the carrying value of the bad mortized. Show the balance sheet presentation of the long-term liability at December 31, 2020. (Enter account

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