On October 15, 2013, Rural Sales has a bond with balances as shown below. Rural Sales retires

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On October 15, 2013, Rural Sales has a bond with balances as shown below.

Rural Sales retires the bonds for $82,000. Please provide the journal entry to retire thebonds.

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Smith and Robersons Business Law

ISBN: 978-0538473637

16th edition

Authors: Richard A. Mann, Barry S. Roberts

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Question Posted: May 23, 2013 05:09 AM

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On October 15, 2013, Rural Sales has a bond with balances as shown below. Rural Sales retires

Question:

Bonds payable 80.000 Premium on bonds payable 4.600

Step by Step Answer:

tr msoheightsourceauto col msowidthsourceauto br msodataplacementsamecell style45 msonumberformat00220022 00000220022 00000220022 00220022 msostylenameCurrency msostyleid4 style0 msonumberformatGenera...View the full answer

Smith and Robersons Business Law

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