Question: Current Attempt in Progress On January 1 , 2 0 2 5 , Wildhorse Corporation redeemed $ 5 4 0 , 0 0 0 of

Current Attempt in Progress

On January

1, 2025,

Wildhorse Corporation redeemed $

540, 000

of bonds at

97 .

At the time of redemption, the unamortized p

ium

was $

16, 200 .

Prepare the corporation's journal entry to record the reacquisition of the bonds.

(

If no entry is required, select

"

No Entry" for the account titles and enter

0

for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.

)

Account Titles and Explanation

Debit

Credit

eTextbook and Media

Current Attempt in Progress On January 1 , 2 0 2

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