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'Assume that on July 1, 2022, Venezuela Co. redeems half of the bonds at a cost of $1,065,000 plus accrued interest. Prepare the journal entry

'Assume that on July 1, 2022, Venezuela Co. redeems half of the bonds at a cost of $1,065,000 plus accrued interest. Prepare the journal entry to record this redemption. Debit Credit Entry 0 pay accrued interest Entry or redemption

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