Cullumber company issues 370000 20-year 7 bonds at 102


Please assist with answering the following question:

Cullumber Company issues $370,000, 20-year, 7% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1, 2017.

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Basic Statistics: Cullumber company issues 370000 20-year 7 bonds at 102
Reference No:- TGS02456209

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