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A $500,000 bond is redeemed at 97 when the carrying value of the bond is $483,000. Which of the following is one effect of recording
A $500,000 bond is redeemed at 97 when the carrying value of the bond is $483,000. Which of the following is one effect of recording the bond redemption? O $15,000 of gain O $2,000 of loss O $17,000 of gain O $2,000 of gain O $15,000 of loss
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