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On January 1, 2020, Blossom Corporation issued $500,000,6%, 10-year bonds at face value. Interest is payable annually on January 1. Blossom Corporation has a calendar
On January 1, 2020, Blossom Corporation issued $500,000,6%, 10-year bonds at face value. Interest is payable annually on January 1. Blossom Corporation has a calendar year end. Prepare all entries related to the bond issue for 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 2020 Account Titles and Explanation Debit Credit
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