Blossom Corporation issued 3,100, 6%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is...

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Blossom Corporation issued 3,100, 6%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Janaury 1, 2022 Debit 3 Save for Later SUPPORT Attempts: 0 of 1 used Submit Answer Blossom Corporation issued 3,100, 6%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Janaury 1, 2022 Debit 3 Save for Later SUPPORT Attempts: 0 of 1 used Submit Answer

Answer rating: 100% (QA)

To record the sale of 3100 6 5year 1000 bonds dated January 1 2022 at 100 the journal en... View the full answer