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A company retires bonds with a par value of $100,000. At the time of retirement, the bonds have a carrying value of $106,000. The bonds

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A company retires bonds with a par value of $100,000. At the time of retirement, the bonds have a carrying value of $106,000. The bonds were retired at $110,000. Required: Prepare the journal entry to retire the bond on December 20th A Ff B I IC S X2 x? = !!! C? I Date Account Titles and Explanation PR Debit Credit Dec 20

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