Question 3 of 8 View Policies < > Show Attempt History Current Attempt in Progress Blossom Company issued $510,000, 10-year, 7% bonds at 102. (a) 0.88/2 Your answer is partially correct. Prepare a tabular summary to record the sale of these bonds on January 1, 2022. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Cash Jan.1 $ eTextbook and Media Solution Liabilities Bonds Pay. + Prem. on Bonds Pay. Pd. in Cap. Common Sto 520200 $ 510000 $ 10200 $