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Blossom Company issues (in euros) 2.48 million, 10-year, 8% bonds at 97, with interest payable annually on January 1. (a) Your answer is partially correct.
Blossom Company issues (in euros) 2.48 million, 10-year, 8% bonds at 97, with interest payable annually on January 1. (a) Your answer is partially correct. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1 Cash Bonds Payable Debit 2,405,600 Credit
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