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A $510,000 bond issue on which there is an unamortized discount of $35,000 is redeemed for $467,000. Journalize the redemption of the bonds. If an

A $510,000 bond issue on which there is an unamortized discount of $35,000 is redeemed for $467,000. Journalize the redemption of the bonds.

If an amount box does not require an entry, leave it blank.

blank Account Debit Credit
blank

Bonds PayableCashDiscount on Bonds PayableGain on Redemption of BondsLoss on Redemption of Bonds

- Select - - Select -

Bonds PayableDiscount on Bonds PayableInterest ExpenseLoss on Redemption of BondsPremium on Bonds Payable

- Select - - Select -

Bonds PayableGain on Redemption of BondsInterest ExpenseLoss on Redemption of BondsPremium on Bonds Payable

- Select - - Select -

Bonds PayableCashInterest PayableLoss on Redemption of BondsPremium on Bonds Payable

- Select - - Select -

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