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Presented below are long-term liability items for Blossom Company at December 31, 2020. Bonds payable, due 2022 $605,000 Notes payable, due 2025 78,000 Discount on

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Presented below are long-term liability items for Blossom Company at December 31, 2020. Bonds payable, due 2022 $605,000 Notes payable, due 2025 78,000 Discount on bonds payable 45,375 Prepare the long-term liabilities section of the balance sheet for Blossom Company. (Enter account name only and do not provide descriptive information.) Blossom Company Balance Sheet TE Splish Brothers Company publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year, During November 2020, Splish Brothers sells 34,668 subscriptions beginning with the December issue. Splish Brothers prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue. Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically indented when amount is entered. Do not indent manual) Date Account Titles and Explanation Debit Credit Nov. 30 List of Accounts Prepare the adjusting entry at December 31, 2020, to record sales revenue recognized in December 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Question 8 of 10 -/1 Ti Prepare the adjusting entry at December 31, 2020, to record sales revenue recognized in December 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually Date Account Titles and Explanation Debit Credit Dec. 31 List of Accounts Prepare the adjusting entry at March 31, 2021. to record sales revenue recognized in the first quarter of 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually Date Account Titles and Explanation Debit Credit Mar. 31 List of Accounts

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