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Lab Assignment Question 16 of 18 > The following are two independent situations 1 2 -15 1 Blossom Corporation redeemed $122.500 face value, 13% bonds

Lab Assignment Question 16 of 18 > The following are two independent situations 1 2 -15 1 Blossom Corporation redeemed $122.500 face value, 13% bonds on June 30, 2022, at 102. The carrying value of the bonds at the redemption date was $110.000. The bonds pay annual interest, and the interest payment due on June 30, 2022 has been made and recorded Tatove Inc redeemed $150,000 face value, 17.00% bonds on June 30, 2022, at 98. The carrying value of the bench at the redemption date was $151,650 The bonds bury annual interest, and the interest payment the on Aune 30, 2022, has been For each independent situation above, prepare the appropriate journal entry for the rederation of the bonds. Credit counties are autohatically indented when amount is entered. Do not indenta No. Account Titles and Explanation 1. Debit Credit

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