Question: On January 1 , 2 0 2 4 , when the carrying value of the bonds was $ 6 , 2 5 8 , 2

On January 1,2024, when the carrying value of the bonds was $6,258,240, the company redeemed the bonds at 102. Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Date Account Titles and Explanation
Debit
Credit
Jan. 1,
Bonds Payable
Loss n Bond Redemption
Cash
On January 1,2024, when the carrying value of the bonds was

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