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Best Goods Corporationredeemed $152,000face value,11% bonds on April 30, 2022, at104. The carrying value of the bonds at the redemption date was $137,256. The bonds
Best Goods Corporationredeemed $152,000face value,11% bonds on April 30, 2022, at104. The carrying value of the bonds at the redemption date was $137,256. The bonds pay annual interest, and the interest payment due on April 30, 2022, has been made and recorded.
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