Prepare the entry that would be recorded by Blossom Inc. for the sale on December 31, 2025. (Round answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Notes Receivable Cash Discount on Notes Receivable Interest Expense Debit 7007 Credit DOC

Prepare the entry that would be recorded by Blossom Inc. for the sale on December 31, 2025. (Round answers to 0 decimal places, es. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts, Credit account titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Prepare an amortization schedule. Assume that the effective-interest method is used for amortization purposes, (Round answers to 0 decimal places, es. 5,275.) On December 31, 2025, Blossom Inc, rendered services to Beghun Corporation at an agreed price of $117,867, accepting $46,200 down and agreeing to accept the balance in four equal instaliments of $23,100 receivable each December 31 . An assumed interest rate of 11% is imputed