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1)On December 31, a $1,550,000 bond issue on which there is an unamortized discount of $73,900 is redeemed for $1,500,600. Required: Journalize the redemption of
1)On December 31, a $1,550,000 bond issue on which there is an unamortized discount of $73,900 is redeemed for $1,500,600. Required: Journalize the redemption of the bonds. Refer to the chart ...
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