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ACC Inter ch 14 14. Enterprise Group issued $100,000 of 3-year, 6% bonds outstanding on December 31, 2015 for $104,000. Enterprise uses straight-line amortization. On

ACC Inter ch 14

14. Enterprise Group issued $100,000 of 3-year, 6% bonds outstanding on December 31, 2015 for $104,000. Enterprise uses straight-line amortization. On April 1, 2016, $20,000 of the bonds were retired at 109. What is the credit to cash?

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