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Blossom Company issued ( $ 585,500 ) of 5-year, 10% bonds at 98 on January 1,2022 . The bonds pay interest annually. (a1) Prepare the

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Blossom Company issued \\( \\$ 585,500 \\) of 5-year, 10\\% bonds at 98 on January 1,2022 . The bonds pay interest annually. (a1) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indentind when amount entered Do not indent manually.)

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