Question
An $800,000 bond issue on which there is an unamortized premium of $57,000 is redeemed for $785,000. Journalize the redemption of the bonds. If an
An $800,000 bond issue on which there is an unamortized premium of $57,000 is redeemed for $785,000.
Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.
Bonds PayableCashDiscount on Bonds PayableGain on Redemption of BondsInterest ExpenseLoss on Redemption of Bonds | - Select - | - Select - | |
Discount on Bonds PayableGain on Redemption of BondsInterest ExpenseInterest PayableLoss on Redemption of BondsPremium on Bonds Payable | - Select - | - Select - | |
Bonds PayableDiscount on Bonds PayableGain on Redemption of BondsInterest ExpenseLoss on Redemption of BondsPremium on Bonds Payable | - Select - | - Select - | |
Bonds PayableCashDiscount on Bonds PayableInterest PayableLoss on Redemption of BondsPremium on Bonds Payable | - Select - | - Select - |
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