Question: A $ 7 0 0 0 0 0 bond was retired a t 9 8 when the carrying value o f the bond was $

A $700000 bond was retired at98 when the carrying value of the bond was $690000. The entry to record the retirement would
includea
loss on bond redemption of $10000.
loss on bond redemption of $4000.
gain on bond redemption of $4000.
gain on bond redemption of $10000.
A $ 7 0 0 0 0 0 bond was retired a t 9 8 when the

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