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Bramble Corp. redeemed $118,000 face value. 9% bonds on April 30, 2022, at 102. The carrying value of the bonds at the redemption date was

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Bramble Corp. redeemed $118,000 face value. 9% bonds on April 30, 2022, at 102. The carrying value of the bonds at the redemption date was $106,554. The bonds pay annual interest, and the interest payment due on April 30, 2022, has been made and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 30 Bonds Payable 118000 Loss on Bond Redemption 106554 Discount on Bonds Payable 1166 120360 e Textbook and Media

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