c. A credit to $6 million gain account

d. credit to cash for 42 million

John Deere is an American manufacturer of agricultural, construction and forestry machinery, John Deere retes 540 million bond issue when the carrying value of the bonds is $42 million, but the market value of the bonds is $36 milion. The entry to record the retirement will include: Multiple Choice No gain or loss on retirement A debit of $6 million to a loss account