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24. A Company retired $930,000 of bonds which have an unamortized discount of $33,000, by paying bondholders $950,000. What is the amount of the gain

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24. A Company retired $930,000 of bonds which have an unamortized discount of $33,000, by paying bondholders $950,000. What is the amount of the gain or loss on the retirement of the bonds? a) There was a $20,000 loss. b) There was a $13,000 gain. c) There was a $13,000 loss. d) There was a $53,000 loss

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