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Blossom Power Ltd. Issues bonds and receives proceeds of $60,286,500. The bonds mature in 13...

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Accounting

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Blossom Power Ltd. Issues bonds and receives proceeds of $60,286,500. The bonds mature in 13 years and carry a 9.8% interest rate paid semi-annually. The bonds were issued at a price of 133.97 to yield 6%. (a) Show the journal entry to record the issuance of the bonds. JCredit account tites are automaticolly indented when amount is entered Do not indent manvolly. If no entry is required, select 'No Entry for the cocount titles and enter O for the amounts. List debit antry before: credit entryd otiteditul

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