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Blossom Electric sold $ 5,980,000, 11% 10-year bonds on January 1, 2020. The bonds were...

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Accounting

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Blossom Electric sold $ 5,980,000, 11% 10-year bonds on January 1, 2020. The bonds were dated January 1, 2020, and paid interest on January 1. The bonds were sold at 98. Prepare the journal entry to record the issuance of the bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan 1 2020 e Textbook and Media List of Accounts Save for Later Attempts: 1 of 3 used Submit Answer -) e parts of this question must be completed in order. This part will be available when you complete the part above

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