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Question 21 Blossom Company issued $579,000 of 9%, 10-year bonds on January 1, 2020, at face value. Interest is payable annually on January 1. (a)

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Question 21 Blossom Company issued $579,000 of 9%, 10-year bonds on January 1, 2020, at face value. Interest is payable annually on January 1. (a) (b) (c) Prepare the journal entry to record the payment of interest on January 1, 2021. (Credit account titles are automatically indented when amou ipda entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1, 2021 SHOW LIST OF ACCOUNTS LINK TO TEXT

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