A $550,000 bond issue on which there is an unamortized discount of $37,000 is redeemed for...

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Question

A $550,000 bond issue on which there is an unamortized discount of $37,000 is redeemed for $474,000. Journalize the redemption of the bonds.

If an amount box does not require an entry, leave it blank.

Answer 1

Answer #1

Answer 2

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