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A $319,000 bond was redeemed at 104 when the carrying value of the bond was $358,000. The entry to record the redemption would include

A $319,000 bond was redeemed at 104 when the carrying value of the bond was $358,000. The entry to record the redemption would include a Oa. loss on bond redemption of $26,24o. Ob. gain on bond redemption of $39,000. Oc. gain on bond redemption of $26,240. Od. loss on bond redemption of $39,000.

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