Business
Business, 09.08.2021 21:40, missyli400

The balance sheet for Blossom Consulting reports the following information on July 1, 2022. Long-term liabilities Bonds payable $3,300,000 Less: Discount on bonds payable 132,000 $3,168,000 Blossom decides to redeem these bonds at 103 after paying annual interest. Prepare the journal entry to record the redemption on July 1, 2022.

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The balance sheet for Blossom Consulting reports the following information on July 1, 2022. Long-ter...

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