Redemption of bonds payable Obj. 2 An $800,000 bond issue on which there is an unamortized premium

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Redemption of bonds payable Obj. 2 An $800,000 bond issue on which there is an unamortized premium of $57,000 is redeemed for

$785,000. Journalize the redemption of the bonds.

AppendixLO1

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