lossom Company issued $710,000, 12%, 10-year bonds on December 31, 2019, for $640,000. Interest is payable annually on December 31-Blossom Company uses the straight-line method to amortize bond premium or discount. repare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Date Account Titles and Explanation Debit Credit Dec. 31, 2019 Interest Expense 92200 85200 Discount on Bonds Payable 7000 SHOW LIST OF ACCOUNTS repare the journal entry to record the payment of interest and the discount amortization on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2020 Prepare the journal entry to record the redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2029