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10 Exercise 14-23 Early extinguishment [LO14-5] The balance sheet of Indian Rver Electronics Corporation as of December 31, 2017, included 11% bonds having a face

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10 Exercise 14-23 Early extinguishment [LO14-5] The balance sheet of Indian Rver Electronics Corporation as of December 31, 2017, included 11% bonds having a face amount of $91.2 million. The bonds had been issued in 2010 and had a remaining Indian River Electronics called the bonds before their scheduled maturity at the call price of 102 discount of $4.2 million at December 31, 2017. On January 1, 2018, 13.23 points Required: Prepare the journal entry by Indlan River Electronics to record the redemption of the bonds at January 1, 2018. (If no entry is required for e trensection/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Hint Ask Print Referencers View transaction list Journal entry worksheet Record the redemption of the bonds. Note: Enter debits before credits K Prev 10 or 17 Noxt

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