Question: On January 1 , 2 0 2 0 , Metlock Corporation redeemed $ 6 1 0 , 0 0 0 of bonds at 9 6

On January 1,2020, Metlock Corporation redeemed $610,000 of bonds at 96. At the time of redemption, the unamortized premium was $18,300.
Prepare the corporation's journal entry to record the reacquisition of the bonds. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round intermediate calculations to 6 decimal places, e.g.1.251247 and final answer to 0 decimal places, e.g.38,548.)
Account Titles and Explanation
Debit
Credit
On January 1,2020, Metlock Corporation redeemed $610,000 of bonds at 96.

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