On September 1, 2024, Blossom Corporation issued $665,000 of 10-year, 3% bonds at 96. Interest is payable semi-annually on September 1 and March 1. Blossom's fiscal year end is February 28.

Record the payment of interest on January 31, 2025, assuming the semi-annual amortization amount for this interest period is $1,025. (List all debit entries before credit entries. 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 O for the amounts.)

Date

Jan. 31

Account Titles

Debit

Credit