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Blossom Company sold $3,210,000,7%,10-year bonds on January 1,2025. The bonds were dated January 1,2025, and...

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Accounting

Blossom Company sold $3,210,000,7%,10-year bonds on January 1,2025. The bonds were dated January 1,2025, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts. Financial statements are prepared annually.
(a).
(b)
Prepare amortization table for issuance of the bonds sold at 101 for the first three interest payments.
\table[[\table[[Annual],[Interest],[Periods]],\table[[Interest to],[Be Paid],[Issue],[date]],$
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