Question
At June 30, 2022, Good Eats Restaurant Inc. had the following bonds on its Balance Sheet: Bonds Payable Less Discount on Bonds Payable $635,000 (39,400)_
At June 30, 2022, Good Eats Restaurant Inc. had the following bonds on its Balance Sheet: Bonds Payable Less Discount on Bonds Payable $635,000 (39,400)_ $595,600 On July 1, 2022, Indianapolis purchased all of these bonds at 98 and immediately retired them. All interest due has already been paid and previously recorded. Always include the debit account first and the credit accounts second. If you have a compound entry with multiple debit and or credit accounts include DR and CR to designate if you are debiting or crediting the account. See the example below remembering each line here is one line you are typing into. DR Equipment $100,000 CR Accounts Payable $50,000 CR Cash $50,000
Part A Record the entry made on July 1, 2022, by Good Eats Restaurant Inc. to redeem their
Bank #1
Bank #2
Bank #3
Bank #4
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