A $1,900,000 bond issue on which there is an unamortized discount of $101,264 is redeemed for $1,979,000.
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A $1,900,000 bond issue on which there is an unamortized discount of $101,264 is redeemed for $1,979,000. Journalize the redemption of the bonds.
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Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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