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Posted on Jul 30, 2024

Assume that on July 1 , 2 0 2 7 Cullumber Co redeems half of the bonds at a cost of $ 1 1 2

Assume that on July

1, 2027

Cullumber Co redeems half of the bonds at a cost of $

1122300

plus accrued interst. Prepare the journal entry to record this redemption.

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