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7 2652 OBJ.3 PE 14-7A Redemption of bonds payable A $1,500,000 bond issue on which there is an unamortized discount of $70,100 is re deemed

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7 2652 OBJ.3 PE 14-7A Redemption of bonds payable A $1,500,000 bond issue on which there is an unamortized discount of $70,100 is re deemed for $1,455,000. Journalize the redemption of the bonds. OBJ. 3 PE 14-7B Redemption of bonds payable A $500,000 bond issue on which there is an unamortized premium of $67,000 is redeemed for $490,000. Journalize the redemption of the bonds

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