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A $292,000 bond was redeemed at 98 when the carrying value of the bond was $284,700. The entry to record the redemption would include a
A $292,000 bond was redeemed at 98 when the carrying value of the bond was $284,700. The entry to record the redemption would include a Oa. gain on bond redemption of $5,840. Ob. gain on bond redemption of $1.460. Oc. loss on bond redemption of $7,300. Od. loss on bond redemption of $1,460
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