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Assume that on July 1, 2019, Wildhorse Co. redeems half of the bonds at a cost of $1,152,400plus accrued interest. Prepare the journal entry to
Assume that on July 1, 2019, Wildhorse Co. redeems half of the bonds at a cost of $1,152,400plus accrued interest. Prepare the journal entry to record this redemption.(Round answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
I will attach all the information you will need. I need to have 14.2C completed. Portions A and B are complete.
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