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Account Titles and Explanation Assume that on January 1, 2022, after paying interest, Crane calls bonds having a face value of $380,000. The call price
Account Titles and Explanation Assume that on January 1, 2022, after paying interest, Crane calls bonds having a face value of $380,000. The call price is 104. Record the redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Jan. 1, 2022 Debit Credit
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