A $200,000 bond issue on which there is an unamortized premium of $15,000 is redeemed for $195,000.

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A $200,000 bond issue on which there is an unamortized premium of $15,000 is redeemed for $195,000. Journalize the redemption of the bonds.

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Sep 05, 2011 07:21 AM

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A $200,000 bond issue on which there is an unamortized premium of $15,000 is redeemed for $195,000.

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