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A $480,000 bond issue on which there is an unamortized discount of $32,000 is redeemed for $471,000. Journalize the redemption of the bonds. If

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A $480,000 bond issue on which there is an unamortized discount of $32,000 is redeemed for $471,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.

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