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Blossom Company issued $394,000 of 8%,10-year bonds on January 1,2022 , at face value. Interest is payable annually on January 1 , 2023. - Your

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Blossom Company issued $394,000 of 8%,10-year bonds on January 1,2022 , at face value. Interest is payable annually on January 1 , 2023. - Your answer is partially correct. Prepare the journal entry to record the accrual of interest on December 31,2022. (Credit occount tidies are audomaticaily indented When amount is entered, Do not indent monisallyd)

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