Le son) Blossom Corporation issued $600,000, 20-year bands on January 1, 2020, for $545,226. The price in elective were the bandet story Blossom uses the effective interest method to more bond premo (a) Your answer is correct Prepare the journal entry to record the issuance of the bonds (Hound answers to decimal places. S.a. Credit scooties ar automatically waitem. De indent manually.) Date Account Titles and Explanation Deba Jol 11 Cach 545226 Descount on Bonds Pwable 54774 Bonds Payable 600000 Prepare the journal entry to record the accrual of interest and the discount amortization on December 31, 2020. (Round answers to decimal places, 15.25 automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Dehat Credit Dec. 31