On July $1,2025,$ Blossom Corporation purchased at par $6\%$ bonds having a maturity value of $$266,400.$ The bonds are dated July $1,$

$2025,$ and mature July $1,2030,$ with interest payable on July $1$ of each year. The bonds are classified in the held$-$to$-$maturity category,

and the company does not use reversing entries.

$($a$)$ Prepare the journal entry at the date of the bond purchase.

$($b$)$ Prepare the journal entry to record the interest earned and interest received for $2025.$

$($c$)$ Prepare the journal entries to record the interest earned and interest received for $2026.$

$($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 $0$ for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the

problem.$)$

Vo$.$

Date

Account Titles and Explanation

Debit

$($a$)$

$($b$)$

$($c$)$