Question: Knowledge Check 01 Ajax, Inc, issued callable bonds with a par value of $t000,000 that require the payment of a call premium of Sio a

 Knowledge Check 01 Ajax, Inc, issued callable bonds with a par

Knowledge Check 01 Ajax, Inc, issued callable bonds with a par value of $t000,000 that require the payment of a call premium of Sio a carrying value of $990,000. We call these bonds prior to maturity on September 30 Complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns View transaction list Journal entry worksheet Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bonds have a carrying value of $990,000. We call these bonds prior to maturity on September 30. Note: Enter debits before credits Debit Credit Sep 30 Record entry Clear entry View general journal

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