Blossom Company sold $6,900,000,8%, 15-year bonds on January 1, 2025. The bonds were dated January...
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Blossom Company sold $6,900,000,8%, 15-year bonds on January 1, 2025. The bonds were dated January 1, 2025, and pay interest on December 31. The bonds were sold at 95. At December 31, 2025, $23,000 of the bond discount had been amortized. Show the long-term liability balance sheet presentation of the bond liability at December 31, 2025
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