Brief Exercise 10-11 Blossom Company issues $2.10 million, 10-year, 7% bonds at 97, with interest payable each January 1. Your answer is correct. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Cash 037000 Discount on Bonds Payable Bonds Payable 100000 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT VIDEO TUTORIAL Your answer is partially correct. Try again. Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 TCash 4000 1 Bonds Payable 84000 | Premium on Bonds Payable 2100000 Click if you would like to Show Work for this question: Open Show Work