A ($ 250,000) bond issue on which there is an unamortized premium of ($ 20,000) is redeemed

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A \(\$ 250,000\) bond issue on which there is an unamortized premium of \(\$ 20,000\) is redeemed for \(\$ 245,000\). Journalize the redemption of the bonds.

objs. 2, 3

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Financial Accounting

ISBN: 9780324380675

10th Edition

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

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