Prepare the journal entry for the first interest payment. (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 Account Titles and Explanation Oct. 1, 2020 (To record interest payment.) eTextbook and Media List of Accounts Question Part Score Debit Credit --/3 Prepare the adjusting journal entry on December 31, 2020, assuming this is Blossom's year end. (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. Round answers to 0 decimal places, e.g. 5,125.) Date Account Titles and Explanation Dec. 31, 2020 (To accrue interest expense.) eTextbook and Media List of Accounts Question Part Score Debit Credit --/3 Prepare the journal entry for the payment of interest on April 1, 2021. Assume no reversing entries have been used. (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 Apr. 1, 2021 Account Titles and Explanation (To record interest payment.) eTextbook and Media List of Accounts Debit Credit Blossom Corporation issued $480,000 of 5-year bonds on April 1, 2020. Interest is paid semi-annually on April 1 and October 1. Below is a partial amortization schedule for the first few years of the bond issue. Semi-Annual Interest Period Interest Payment Interest Expense Amortization Bond Amortized Cost Apr. 1, 2020 $502,133 Oct. 1, 2020 $9,600 $7,532 $2,068 500,065 Apr. 1, 2021 9,600 7,501 2,099 497,966 Oct. 1, 2021 9,600 7,469 2,131 495,835 Apr. 1, 2022 9,600 7,438 2,162 493,673 Oct. 1, 2022 9,600 7,405 2,195 491,478 Apr. 1, 2023 9,600 7,372 2,228 489,250 Were the bonds issued at a discount or at a premium? The bonds were issued at a discount + eTextbook and Media List of Accounts Question Part Score --/1 What is the bonds' face value? Face value $ eTextbook and Media List of Accounts Question Part Score --/1 What will the bonds' amortized cost be at the maturity date? Bond amortized cost eTextbook and Media List of Accounts Question Part Score --/1 What will be the total interest payment over the five-year life of the bonds? Total interest expense? Total interest payment Total interest expense eTextbook and Media List of Accounts Question Part Score $ --/4 Prepare the journal entry to record the issuance of the bond. (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 Account Titles and Explanation Apr. 1, 2020 (To record issuance of bonds.) eTextbook and Media List of Accounts Question Part Score Debit Credit --/2 Prepare the journal entry for the first interest payment. (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 Account Titles and Explanation Oct. 1, 2020 (To record interest payment.) eTextbook and Media List of Accounts Question Part Score Debit Credit --/3