Blossom Company issues $250,000, 20-year, 6% bonds at 101. Prepare the journal entry to record the...

 

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Blossom Company issues $250,000, 20-year, 6% bonds at 101. Prepare the journal entry to record the sale of these bonds on June 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Blossom Company issues $250,000, 20-year, 6% bonds at 101. Prepare the journal entry to record the sale of these bonds on June 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit

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