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A $300,000 bond was redeemed at 103 when the carrying value of the bond was $315,000. The entry to record the redemption would include aA.
A $300,000 bond was redeemed at 103 when the carrying value of the bond was $315,000. The entry to record the redemption would include aA. loss on bond redemption of $6,000.B. gain on bond redemption of $6,000.C. gain on bond redemption of $9,000.D. loss on bond redemption of $9,000
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