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A company retired $530,000 of bonds, which have an unamortized discount of $13,000, by repurchasing them for $530,000. What is the amount of the gain
A company retired $530,000 of bonds, which have an unamortized discount of $13,000, by repurchasing them for $530,000. What is the amount of the gain or loss on the retirement of the bonds? Multiple Choice ) There was a $13,000 gain, There was a $13,000 loss. There was a $530,000 loss. There was no gain or loss
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