Question: Listen A $ 3 0 0 , 0 0 0 bond was redeemed at 1 0 4 when the carrying amount of the bood was

Listen
A $300,000 bond was redeemed at 104 when the carrying amount of the bood was $316,000. The entry to journatize the redemption would include a
loss on bond redemption of $3,000
gain on bond redemption of $3,000
gain on bond redemption of $4,000
loss on bond redemption of $4,000
Listen A $ 3 0 0 , 0 0 0 bond was redeemed at 1 0

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