5. 1.60 points QS 10-9 Bond retirement by call option LO P4 On July 1, 2015, Advocate Company exercises a $5,200 call option (plus par value) on its outstanding bonds that have a carrying value of $268,200 and par value of $260,000. The company exercises the call option after the semiannual interest is paid on June 30, 2015. Record the entry to retire the bonds. View transaction list Journal entry worksheet Record the retirement of bonds before maturity. Note: Enter debits before credits. Date General Journal Debit Credit July 01, 2015 Record entry Clear entry View general journal