Blossom Corporation issued $520,000 of 7%,8-year bonds on January 1,2023, at face value. The bonds...
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Accounting
Blossom Corporation issued $ of year bonds on January at face value. The bonds require annual interest payments each December Costs associated with the bond issuance were $ Blossom follows ASPE and uses the straightline method to amortize bond issue costs. QUESTION Prepare the journal entry for the december interest payment abd bind issuance cost amortization. 
Blossom Corporation issued $ of year bonds on January at face value. The bonds require annual interest
payments each December Costs associated with the bond issuance were $ Blossom follows ASPE and uses the straightline
method to amortize bond issue costs.
QUESTION
Prepare the journal entry for the december interest payment abd bind issuance cost amortization.
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