On 1.2021. Blossom Corp. od 3.000.000 of 10 year, 5tonds at $3.959,231. This price resulted in market interest rate on the bonds. The bonds pay semi-annual interest on July 1 and January 1, and blossom has a December 31 year end Record the issue of the bonds on July 1, 2021. (Credit account titles are automatically Indented when the amount is entered. Do not indent meny no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit July ! Cash 3959231 Bonds Payable 3959231 (To record issuance of bonds.) BLOSSOM CORP. Bond Premium Amortization Table Effective Interest Method-Semi-Annual Interest Payments 5% Bonds Issued at market rate of 4% Interest Expense Premium Amortization Date Interest Payment Bond Amortiz July 1 2021 $ Jan 1 2022 91500 79185 July 1 2022 91500 ISO 21500 1 2023 July 1 2023 91500 Jan. 1. 2024 91500 Question 36 of 39 Record the contesto 31.2001. and then went on 1.2022. Mund 25 Corretomation indented when the amount werden indentitet museet No Entry for the courts and enter for the mounts Account Titles and Explanation Date Dec 31, 2021 Debit Credit (To accrue interest expense.) Jan. 1, 2022 (To record interest payment.) natasan Question 36 of 39 120 Assuming instead that Blossom has an August 31 year end prepare the adjusting entry lated to the bondson 1 2021, as well as the subsequent interest payment on January 1, 2022. (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 for the amounts) Date Credit Debit Account Titles and Explanation Aug. 31, 2021 (To accrue interest expense.) an. 1, 2022