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A bond with a face value of $100,000 is retired at 96. There is still a balance in Discount on Bonds Payable of $1,200. What
A bond with a face value of $100,000 is retired at 96. There is still a balance in Discount on Bonds Payable of $1,200. What is the gain or loss on the retirement of the bond?
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Accounting For Decision Making And Control
Authors: Jerold Zimmerman
5th Edition
0072975865, 978-0072975864
