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4. 10 Points The Lemon Corporation redeemed $50,000 face value, 10% bonds on June May 30th at 98. The carrying value of the bonds at

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4. 10 Points The Lemon Corporation redeemed $50,000 face value, 10% bonds on June May 30th at 98. The carrying value of the bonds at the redemption date was 53,000. The bonds pay annual interest and the interest payment due on May 30th has been made and recorded. Prepare the Journal Entry to record the Bond Redemption

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