Total cost of borrowing List of Accounts Attempts: 20 (b1) Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 102. (Credit account titles are automatically indented when amount is entered, Do not indent manually.) Cullumber Company issued $650,000 of 5 -year, 9% bonds at 96 on January 1,2022 . The bonds pay interest annually