Premium Pizza retires its 7% bonds for $72,000 before their scheduled maturity. At the time, the bonds

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Premium Pizza retires its 7% bonds for $72,000 before their scheduled maturity. At the time, the bonds have a carrying value of $76,567. Record the early retirement of the bonds.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 15, 2014 03:57 AM

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Premium Pizza retires its 7% bonds for $72,000 before their scheduled maturity. At the time, the bonds

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Financial Accounting

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