Question: Im not sure if my answer is write eioinecon.comm.tpx lue 62 points Several years ago, Nicole Company issued bonds with a face value of $1,080,000

 Im not sure if my answer is write eioinecon.comm.tpx lue 62Im not sure if my answer is write

eioinecon.comm.tpx lue 62 points Several years ago, Nicole Company issued bonds with a face value of $1,080,000 for $985,000 As a result of declining interest rates, the company has decided to call the bond at a call premium of 6 percent over par. The bonds have a current book value of $1,058,000. Record the retirement of the bonds, using a discount account (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the retirement of the bonds. Note: Enter debits before credits Debit Bonds payable

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