Question: Problem 10-4A (Part Level Submission) On October 1, 2016, Culver Corp. issued $936,000, 8%, 10-year bonds at face value. The bonds were dated October 1,

 Problem 10-4A (Part Level Submission) On October 1, 2016, Culver Corp.

Problem 10-4A (Part Level Submission) On October 1, 2016, Culver Corp. issued $936,000, 8%, 10-year bonds at face value. The bonds were dated October 1, 2016, and pay interest annually on October 1. Financial statements are prepared annually on December 31. (a) 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.) Account Titles and Explanation Date Debit Credit Oct. 1, 2016 Open Show Work Click if you would like to Show Work for this question: Attempts: 0 of 1 used SUBMIT ANSWER SAVE FOR LATER

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