Question: Current Attempt in Progress Cullumber Company issues $400,000, 20-year, 7% bonds at 105. Prepare the journal entry to record the sale of these bonds on

Current Attempt in Progress Cullumber Company issues $400,000, 20-year, 7% bonds at 105. Prepare the journal entry to record the sale of these bonds on June 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1

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