Question: Content Area A $293,000 bond was redeemed at 103 when the carrying amount of the bond was $304,427. The entry to journalize the redemption would

Content Area A $293,000 bond was redeemed at 103 when the carrying amount of the bond was $304,427. The entry to journalize the redemption would include a a. gain on bond redemption of $2,637. b. loss on bond redemption of $11,427. c. gain on bond redemption of $11,427. d. loss on bond redemption of $2,637

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