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The Culver Company issued $300,000 of 10% bonds on January 1, 2025. The bonds are due January 1; 2030, with interest payable each July 1

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The Culver Company issued $300,000 of 10% bonds on January 1, 2025. The bonds are due January 1; 2030, with interest payable each July 1 and January 1 . The bonds were issued at 99. Prepare the journal entries for (a) January 1. (b) July 1, and (c) December 31. Assume The Culver Company records straight-line amortization semiannually. Of no entry is required, select 'No Entry' for the account titles and enter O for the amounts, Credit account villes are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries)

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