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Blossom Compary sold $5,800,000,8%,15-year bonds on January 1,2025. The bonds were dated fanuary 1,2025, and pay interest on December 31. The bonds were sold at

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Blossom Compary sold $5,800,000,8%,15-year bonds on January 1,2025. The bonds were dated fanuary 1,2025, and pay interest on December 31. The bonds were sold at 97 . Prepare the journal entry to record the issuance of the bonds on Jamuary 1,2025, (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter ofor the amounts) At December 31,2025,$11,600 of the bond discount had been amortixed. Show the long-term liablity balance sheet. presentation of the bond liability at December 31.2025. At January 1,2027, when the carrying value of the bonds was $5,649,200, the compary redeemed the bonds at 105. Record the redemption of the bonds assuming that interest for the vear had already been pald. IList ali debit entries before credit entries. Credit occount tities are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter of or the amounts.)

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