Blossom Company issued $300,000 of 5%, 10-year bonds on January 1, 2022, at face value. Interest is payable annually on January 1, 2023. (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.) Date Account Titles and Explanation Jan. 1, 2022 Debit Credit

Blossom Compary issued $300,000 of 5%, 10-year bonds on January 1, 2022, at face value. Interest is payable annually on January 1. 2023. (a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount b entered. Do not indent manualhy)