Question: Midterm Exam 22 Help Save & Ext Submi Magic Mountain retires its 7% bonds for $127,000 before their scheduled maturity At the time, the bonds

Midterm Exam 22 Help Save & Ext Submi Magic Mountain retires its 7% bonds for $127,000 before their scheduled maturity At the time, the bonds have a face value of 125,000 and a carrying value of $112,000 Record the early retirement of the bonds. (If no entry is required for a particular transection/event, select "No Journal Entry Required" in the first account field.) 5 ponn 00:54:41 Journal entry worksheet < Record the early retirement of the bonds Mc Graw P Type here to search Note Enter debts before credits Transaction 1 General Journal Debit Credt Ti O < Prev 22 of 23 Next > P 20

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