ACME Incorporated redeemed $150,000 face value, 12% bonds on July 31 at 102. The bond's amortized cost at the redemption was $127,500. Required: Prepare the journal entry to record the redemption of the bonds assuming the interest for the period has already been paid. Paragraph B I Arial, sans-serif v 11pt v U A T 00 EQ 5 c GENERAL JOURNAL DATE ACCOUNT TITLES DEBIT CREDIT