Current Attempt in Progress Blue Spruce Corp. issues $4.20 million, 10-year, 8% bonds at 97 with interest payable annually on January 1. The straight-line method is used to amortize bond discount Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Jan. 1 List of Accounts are the adjusting journal entry to record interest expense and bond discount amortization on December 31, 2020. (Credia Lint titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit ate Account Titles and Explanation c. 31