Question: 17 of 22 < -/1 E Current Attempt In Progress The following are two independent situations. 1. Oriole Corporation redeemed $128,500 face value, 12% bonds
17 of 22 < -/1 E Current Attempt In Progress The following are two independent situations. 1. Oriole Corporation redeemed $128,500 face value, 12% bonds on June 30, 2022, at 102. The carrying value of the bonds at the redemption date was $116,000. The bonds pay annual interest, and the interest payment due on June 30, 2022, has been made and recorded. 2. Tastove Inc. redeemed $145,000 face value, 15.50% bonds on June 30, 2022, at 98. The carrying value of the bonds at the redemption date was $146,050. The bonds pay annual interest, and the interest payment due on June 30, 2022, has been made and recorded
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