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36/10 Points 43.60 Award: 0.39 out of 0.62 points < Question 5 (of 16) You did not receive full Brief Exercise 9-16 Record early

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36/10 Points 43.60 Award: 0.39 out of 0.62 points < Question 5 (of 16) You did not receive full Brief Exercise 9-16 Record early retirement of bonds issued at a discount (LO9-7) Discount Pizza retires its 6% bonds for $67,000 before their scheduled maturity. At the time, the bonds have a face value of $70,000 and a carrying value of $64,739. Record the early retirement of the bonds. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Transaction. 1 Bonds payable Loss General Journal Discount on Bonds Payable Cash 0000 Debit 70,000 00 Credit 00

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