The balance sheet for Jones Company reports the following information on July 1. Prepare entry lor redemption

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The balance sheet for Jones Company reports the following information on July 1. Prepare entry lor redemption 2006.

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Jones decides to redeem these bonds at 103 after paying semiannual interest. Prepare the journal entry to record the redemption on July 1, 2006.

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Financial Accounting Text Only

ISBN: 9780006575405

5th Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel

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