Send to Gradebook Question 9 Wiew Policies Current Attempt in Progress Blossom Company issued $330,000 of 10%, 20-year bonds on January 1, 2022, at face value. Interest is payable annually on January 1. titles are automatically indented when amount is entered. Do not indent Prepare the journal entry to record the issuance of the bonds. (Credit occo manually.) Date Account Titles and Explanation Debit Debit Credit Jan 1, 2022 e Textbook and Media e Textbook List of Accounts Send to Gradebook Question 10 View Policies Current Attempt in Progress On October 1, 2021. Pronghorn Corp. issued $864,000,8%, 10-year bonds at face value. The bonds were dated October 1, 2021, and pay interest annually on October 1. Financial statements are prepared annually on December 31. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Oct. 1, 2021 eTextbook and Media List of Accounts Blossom Company sold $4,700,000,7%, 15-year bonds on January 1, 2022. The bonds were dated January 1, 2022 and pay interest on December 31. The bonds were sold at 95. Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered Do not indent manually) Date Account Titles and Explanation Debit Credit Jan. 1 e Textbook and Media List of Accounts At December 31, 2022, $8,000 of the bond discount had been amortized. Show the long-term liability balance sheet presentation of the bond liability at December 31, 2022. BLOSSOM COMPANY Balance Sheet (Partial) At January 1, 2024, when the carrying value of the bonds was $4,606,000, the company redeemed the bonds at 105. Record the redemption of the bonds assuming that interest for the year had already been paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually Date Account Titles and Explanation Debit Credit Jan. 1