question c

Blossom Company issued $399,000,7%,15-year bonds on December 31,2021 , for $379,050. Interest is payable annually on December 31. Blossom uses the straight-line method to amortize bond premium or discount. (a) - Your answer is partially correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. H no entry is required, select "No Entry" for the account tities and enter O for the amounts) Prepare the joumal entry to record the payment of interest and the discount amortization on December 31,2022. (Credit occount titles are outomatically indented when amount is entered. Do not indent monually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Prepare the journal entry to record the redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.)