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Brief Exercise 14-11 On January 1, 2014, Henderson Corporation redeemed $648,600 of bonds at 96. At the time of redemption, the unamortized premium was $19,458
Brief Exercise 14-11 On January 1, 2014, Henderson Corporation redeemed $648,600 of bonds at 96. At the time of redemption, the unamortized premium was $19,458 and unamortized bond issue costs were $6,486. Prepare the corporations journal entry to record the reacquisition of the bonds. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) step by step please
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