Blossom Power Ltd. issues bonds and receives proceeds of $55,458,000. The bonds mature in 13 years and carry a 8.6% interest rate paid semi-annually. The bonds were issued at a price of 123.24 to yield 6%. (a) Your answer is correct. Show the journal entry to record the issuance of the bonds. (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 O for the amounts. List debit entry before credit entry.) Account Titles and Explanation Debit Credit (b1) Cash Notes Payable eTextbook and Media List of Accounts Determine the face value of the bonds. Face value of the bonds +A $ 55,458,000 55,458,000 Assistance Used Attempts: 2 of 3 used