Blossom Electric sold $5,980,000, 11%, 10-year bonds on January 1, 2020. The bonds were dated January 1, 2020, and paid interest on January 1. The bonds were sold at 98.

Prepare the journal entry to record the issuance of the bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 1, 2020	enter an account title for the journal entry on January 1, 2020	enter a debit amount	enter a credit amount
	enter an account title for the journal entry on January 1, 2020	enter a debit amount	enter a credit amount
	enter an account title for the journal entry on January 1, 2020	enter a debit amount	enter a credit amount

SHOW LIST OF ACCOUNTS
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At December 31, 2020, $7,700 of the Discount on Bonds Payable account has been amortized. Show the balance sheet presentation of the long-term liability at December 31, 2020. (Enter account name only and do not provide descriptive information.)

Blossom Electric Balance Sheet (Partial) choose the accounting period For the Month Ended December 31, 2020For the Year Ended December 31, 2020December 31, 2020
select an opening section name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders Equity
enter a balance sheet item			$enter a dollar amount
select between addition and deduction Add Less : enter a balance sheet item			enter a dollar amount		$enter a subtotal of the two previous amounts

SHOW LIST OF ACCOUNTS
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On January 1, 2022, when the carrying value of the bonds was $5,875,800, the company redeemed the bonds at 102. Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 1, 2022	enter an account title for the journal entry on January 1, 2022	enter a debit amount	enter a credit amount
	enter an account title for the journal entry on January 1, 2022	enter a debit amount	enter a credit amount
	enter an account title for the journal entry on January 1, 2022	enter a debit amount	enter a credit amount
	enter an account title for the journal entry on January 1, 2022	enter a debit amount	enter a credit amount