Question 3 of 3 < View Policies Show Attempt History Current Attempt in Progress 1/3 E On January 1, Cullumber Company issued $342,000, 10%, 10-year bonds at face value. Interest is payable annually on January 1. Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1 Cash Bonds Payable eTextbook and Media List of Accounts Debit 342000 Credit 342000