Question: View Policies Current Attempt in Progress A $602000 bond was retired at 103 when the carrying value of the bond was $626080. The entry to

 View Policies Current Attempt in Progress A $602000 bond was retired

View Policies Current Attempt in Progress A $602000 bond was retired at 103 when the carrying value of the bond was $626080. The entry to record the retirement would include a gain on bond redemption of $6020 loss on bond redemption of $6020. gainon bond redemption of $18060. loss on bond redemption of $18060

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