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Blossom Corporation had the following transactions in 2020 and 2021 pertaining to debt investments. 1. Purchased 658%,$1,000 Wolfe Co. bonds for $65,975 cash on January
Blossom Corporation had the following transactions in 2020 and 2021 pertaining to debt investments. 1. Purchased 658%,$1,000 Wolfe Co. bonds for $65,975 cash on January 1, 2020. Interest is payable annually on January 2. Accrued interest on Wolfe Co. bonds on December 31,2020. 3. Received interest on Wolfe Co. bonds on January 1,2021. 4. Sold 30 Wolfe Co. bonds for $33,300 on January 1,2021 . (a) Journalize the transactions. (Credit account titles are automatically indented when the amount is enter entry is required, select "No entry" for the account titles and enter 0 for the amounts. List all debit entries : No. Account Titles and Explanation
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