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Coronado Co purchased 60.51,000,4%, Sandhill Company bonds on January 1, 2019 for $60460 cash. Interest is payable annually on January 1. The entry to record the December 31, 2019, interest accrual would include a O credit to Interest Expense for $2418 debit to Bands Payable for $2418. Odebit to Interest Receivable for $2400. Odebit to interest Revenue for $2400 Vaughn Co. purchased 49 $1,000,5%, Ivanhoe Company bonds on January 1, 2019 for $49530 cash. Interest is payable annually on January 1. The entry to record the January 1, 2020 annual interest payment would include a O debit to Interest Revenue for $2450 O credit to Debt Investments for $2477 O credit to interest Revenue for $2477 O credit to interest Receivable for $2450. Blossom Corporation purchased debt investments for $56,000 on January 1, 2020. On July 1, 2020, Blossom received cash interest of $2,520 Journalize the purchase and the receipt of interest. Assume that no interest has been accrued. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. Record Journal entries in the order presented in the problem. If no entry is required, select "No entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Blossom Corporation purchased debt investi of $2,520. Journalize the purchase and the receipt of inte indented when amount is entered. Do not indent n select "No entry" for the account titles and enter 0 Date Account Titles and Explanat Jan. 1 July 1