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A $650000 bond was retired at 102 when the carrying value of the bond was $667000. The entry to record the retirement would include
A $650000 bond was retired at 102 when the carrying value of the bond was $667000. The entry to record the retirement would include a O a. loss on bond redemption of $13000. O b. loss on bond redemption of $4000. c. gain on bond redemption of $13000 O d. gain on bond redemption of $4000.
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