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Blossom company issues $4000000, 10 year, 8% bonds at 94, with interest payable annually on january 1, The straight-line method is used to amortized bond

Blossom company issues $4000000, 10 year, 8% bonds at 94, with interest payable annually on january 1, The straight-line method is used to amortized bond discount. Prepare the adjusting journal entry to record interest expense and bond amortization on december 31, 2022, Show steps

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