Question: When callable bonds are redeemed below the carrying amount Gain on Redemption of Bonds is credited Loss on Redemption of Bonds is debited Owner's Capital

When callable bonds are redeemed below the carrying amount
Gain on Redemption of Bonds is credited
Loss on Redemption of Bonds is debited
Owner's Capital is credited
Owner's Capital is debited
 When callable bonds are redeemed below the carrying amount Gain on

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