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Prepare all the necessary Journal entries to record the issuance of the bonds and bond interest expense for 2020, assuming that the bonds are sold
Prepare all the necessary Journal entries to record the issuance of the bonds and bond interest expense for 2020, assuming that the bonds are sold at %6. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record Journal entries in the order presented in the problem) Account Titles and Explanation Date Debit Credit Blossom Company sold $3,300,000,6%, 10-year bonds on January 1, 2020. TH bonds were dated January 1, 2020 and pay interest annually on January 1. Blossom Company uses the straight-line method to amortize bond premium or discount
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