How would the amount of the loss calculated in part (a) differ if Blossom's policy had...

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How would the amount of the loss calculated in part (a) differ if Blossom's policy had been to carry the bonds at fair value and thus expense the costs of issuing the bonds at January 2, 2018? Assuming that Blossom had followed this policy, prepare the journal entry to record the retirement. Assume the redemption price approximates fair value. (Credit account titles are automatically indented when the 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.) Date Jan. 2, 2023 Account Titles and Explanation Bonds Payable Cash eTextbook and Media. Debit Credit How would the amount of the loss calculated in part (a) differ if Blossom's policy had been to carry the bonds at fair value and thus expense the costs of issuing the bonds at January 2, 2018? Assuming that Blossom had followed this policy, prepare the journal entry to record the retirement. Assume the redemption price approximates fair value. (Credit account titles are automatically indented when the 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.) Date Jan. 2, 2023 Account Titles and Explanation Bonds Payable Cash eTextbook and Media. Debit Credit