Blossom Company issues $360,000, 20-year, 10% bonds at 101. Prepare the journal entry to record the sale of these 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit nas on

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Blossom Company issues $360,000, 20-year, 10% 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
Transcribed Image Text:Blossom Company issues $360,000, 20-year, 10% 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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