Question: question in accounting please answer as soon as possible 12 - $100.000 bonds with a carrying value of $103.600 were retired at a call price

question in accounting

please answer as soon as possible

12 - $100.000 bonds with a carrying value of $103.600 were retired at a call price of $101.000. The journal entry to retire the bonds would include a: a) debit to Bonds Payable for $101.000 credit to Cash for $101.000 c) credit to Gain on Retirement of Bonds for $3.600 d) debit to Premium on Bonds Payable for $2,600 0 Leave blank Close

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