Question: Current Attempt in Progress Pharoah Company issued bonds with a face amount of $ 1 , 6 6 0 , 0 0 0 in 2

Current Attempt in Progress
Pharoah Company issued bonds with a face amount of $1,660,000 in 2015. As of January 1,2020, the balance in Discount on Bonds
Payable is $4,000. At that time, Pharoah redeemed the bonds at 101.
Assuming that no interest is payable, make the entry to record the redemption. (Credit account titles are automatically indented when the
amount is entered. Do not indent manually. List all debit entries before credit entries.)
Date Account Titles and Explanation
Debit
Credit
Jan. 1
Current Attempt in Progress Pharoah Company issued bonds with a face

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