Question
A company retired $82 million of its 6% bonds at 105 ($86.1 million) before their scheduled maturity. At the time, the bonds had a remaining
A company retired $82 million of its 6% bonds at 105 ($86.1 million) before their scheduled maturity. At the time, the bonds had a remaining discount of $2 million. Prepare the journal entry to record the redemption of the bonds.
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Advanced Project Management A Structured Approach
Authors: Frederick Harrison, Dennis Lock
4th Edition
1138270636, 978-1138270633
