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A $311,000 bond was redeemed at 104 when the carrying value of the bond was $350,000. The entry to record the redemption would include a

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A $311,000 bond was redeemed at 104 when the carrying value of the bond was $350,000. The entry to record the redemption would include a Ogain on bond redemption of $26,560o. Oloss on bond redemption of $39,000. Oloss on bond redemption of $26,560 Ogain on bond redemption of $39,000

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