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A $900,000 bond issue on which there is an unamortized discount of $100,000 is redeemed for $780,000. Journalize the redemption of the bonds by

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A $900,000 bond issue on which there is an unamortized discount of $100,000 is redeemed for $780,000. Journalize the redemption of the bonds by filling in the blanks below. bonds payable edemption of bonds discount on bonds cash $ 900000 $ $ 100000 780000

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To journalize the redemption of the bonds you would record the following entries 1 Retire the ... blur-text-image

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