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Exercise 10-10 Blossom Company issued $400,000, 10-year, 4% bonds at 101. Prepare the journal entry to record the sale of these bonds on January 1,

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Exercise 10-10 Blossom Company issued $400,000, 10-year, 4% bonds at 101. Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Date Account Titles and Explamatien Debit Credit Jan.1 HOW LIST OF ACCOUNTS LINK TO TEXT Suppose the remaining Premium on Bonds Payable was $2,400 on December 31, 2020. Show the balance sheet presentation on this date. BLOSSOM COMPANY Balance Sheet (Partial) HOW LIST OF ACCOUNTS LINK TO TEXY Question Attempts: 0 of 3 used

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