The following section is taken from Blossom Company's balance sheet at December 31, 2019. Current liabilities Interest payable $112,350 Long-term liabilities Bonds payable, 7%, due January 1, 2022 1,605,000 Bond Interest is payable annually on January 1. The bonds are callable on any interest date. (a) Journalize the payment of the bond interest on January 1, 2020. (Credit account titles one automatically indented when amount is entered. Do not Indent manually) Date Account Titles and Explanation Jan 1 Interest Payable CH (b) Debit Credit 112.350 112.350 Assume that on January 1, 2020, after paying interest, Blossom calls bonds having a face value of $673.500. The calf price is 101 Record the redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manuaily) Date Account Titles and Explanation Debit 224700 Credit Jan. 1 Bondi Payable Laws on Bond Redemption Can (c) Prepare the entry to record the accrual of interest on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually Date Account Titles and Explanation Dec 21 trost Payable Debit Credit