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A $600,000 bond was retired at 96 when the carrying value of the bond was $570,000. The entry to record the retirement would include
A $600,000 bond was retired at 96 when the carrying value of the bond was $570,000. The entry to record the retirement would include a O a. loss on bond redemption of $6,000. O b.gain on bond redemption of $6,000. O c. gain on bond redemption of $30,000. O d. loss on bond redemption of $30,000.
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