Blossom Company sold 55,800,000,8%, 15-year bonds on January 1, 2022. The bonds were dated January 1, 2022 and pay interest on December 31. The bands were sold at 95 (a) Your answer is correct Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Credit Date Account Titles and Explanation lani Cash 5510000 Discount on Bonds Pavad 290000 Bonds Paste 0000 eTextbook and Media BLOSSOM COMPANY Balance Sheet (Partial) December 31, 2022 Intangible Assets Bonds Payable Add Discount on Bonds Payable e Textbook and Media List of Accounts Attempts:0 of 3 used Submit Answer Sanctorate Last saved 18 minutes ago Saved work will be auto-submitted on the due date. Auto submission can take up to 10 minutes (c) T