Presented below is the partial bond discount amortization schedule for Blossom Corp. Blossom uses the effective-interest method of amortization. Interest Periods Issue date (a) 1 2 Interest to Be Paid $157,500 157,500 Interest Expense to Be Recorded $168,243 168,781 Discount Amortization $10,743 11,281 Unamortized Discount $135,131 124,388 113,107 Bond Carrying Value $3,364,869 3,375,612 3,386,893 Prepare the journal entry to record the payment of interest and the discount amortization at the end of period 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Presented below is the partial bond discount amortization schedule for Blossom Corp. Blossom uses the effective-interest method of amortization. (a) Prepare the journal entry to record the payment of interest and the discount amortization at the end of period 1. (Credit account titbes are outomatically indented when amount is entered. Do not indent manually. Presented below is the partial bond discount amortization schedule for Blossom Corp. Blossom uses the effective interest method of ainortization. (a) Prepare the journal entry torecord the payment of interest and the discount amortization at the end of period 1. (Credit occount titles are automatically indented when amount is entered. Do not indent manualiy.)