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An $800,000 bond issue on which there is an unamortized of $57,000 is redeemed for $785,000. Journalize the redemption of the bonds. Refer to the Chart of Accounts for exact wording of account titles. Journalize the redemption of the bonds on December 31. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS General Ledger 194OfficeEquipment195AccumulatedDepreciation-OfficeEquipmentLIABILITIES210AccountsPayable221SalariesPayable231SalesTaxPayable232InterestPayable241NotesPayable251BondsPayable252DiscountonBondsPayable253PremiumonBondsPayable531AdvertisingExpense532DeliveryExpense533RepairsExpense535RentExpense536InsuranceExpense537OfficeSuppliesExpense541BadDebtExpense562DepreciationExpense-OfficeEquipment590MiscellaneousExpense710InterestExpense711LossonRedemptionofBonds EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends