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A $300,000 bond was redeemed at 103 when the carrying amount of the bond was $311,700. The entry to journalize the redemption would include a
A $300,000 bond was redeemed at 103 when the carrying amount of the bond was $311,700. The entry to journalize the redemption would include a 2. gain os boend rederoptios of $2,700. b. cain ou bond redemption of $11,700. c. Jow on bond redemptioe of $2,700. 4. lows on bond redemption of $11,700
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