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A partial bond amortization schedule for Blossom Corp. is provided below. Blossom has a December 31 year end. Semi-Annual Interest Period Interest Payment Interest Expense
A partial bond amortization schedule for Blossom Corp. is provided below. Blossom has a December 31 year end. Semi-Annual Interest Period Interest Payment Interest Expense Amortization Jan. 1,2024 Carrying Amount of Bonds July 1, 2024 $6,400 $7,650 $1,250 $305,997 Jan. 1, 2025 6,400 7,681 1,281 307,247 July 1,2025 6,400 7,713 1,313 308,528 (a) Was the bond issued at a premium or discount? The bond was issued at a
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