A $900,000 bond issue on which there is an unamortized discount of $87,000 is redeemed for $855,000.
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A $900,000 bond issue on which there is an unamortized discount of $87,000 is redeemed for $855,000. Journalize the redemption of the bonds.
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Related Book For
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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