Brief Exercise 14-9

Brief Exercise 11-9 On January 1, 2017, Stellar Corporation redeemed $560,000 of bonds at 99. At the time of redemption, the unamortized premium was $16,800. Prepare the corporation's journal entry to record the reacquisition of the bonds. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round intermediate calculations to 6 decimal places, e.g. 1.251247 and final answer to 0 decimal places, e.g. 38,548.) Account Titles and Explanation Debit Credit