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A $990,000 bond issue on which there is an unamortized premium of $60,000 is redeemed for $755,000. Journalize the redemption of the bonds. If an
A $990,000 bond issue on which there is an unamortized premium of $60,000 is redeemed for $755,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.
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