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bon and the carrying value of the Whataburger Franchise wants to improve its Debt to Equity ratio, so it decides to retire a 24 m

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bon and the carrying value of the Whataburger Franchise wants to improve its Debt to Equity ratio, so it decides to retire a 24 m on bond issue. At the time of retirement the market value of the bonds was bonds is $32 million Which of the following would be included in the journal entry to record the recrement of the bonds Multiple Choice Adet of monto a loss account C) Acredit of Simon to gain account O o oo No gain or loss on trement A credit cash for $32

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