SALARIUM ALE NYIMITUCION FULL SCREEN PINTER VERSION CK RENTO Brief Exercise 15-06 The balance sheet for Blossom Consulting reports the following information on July 1, 2020, Long-term liabilities Bonds payable Less: Discount on bonds payable $2,900,000 116.000 $2,784,000 Blossom decides to redeem these bonds at 103 after paying annual interest. Prepare the journal entry to record the redemption on July 1, 2020. (Credit account titles are automatically indevided when amount is entened. Do not deadent manually Date Account Titles and Explanation Debit Credit July 1