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A $545,000 bond issue on which there is an unamortized discount of $45,000 is redeemed for $464,000. Journalize the redemption of the bonds. If an

A $545,000 bond issue on which there is an unamortized discount of $45,000 is redeemed for $464,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. Bonds Payable Loss on Redemption of Bonds Gain on Redemption of Bonds Cash

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