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(c) Your answer is partially correct. On January 1, 2022, when the carrying value of the bonds was $5,196,000, the company redeemed the bonds at

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(c) Your answer is partially correct. On January 1, 2022, when the carrying value of the bonds was $5,196,000, the company redeemed the bonds at 102. Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Credit Date Jan. 1 2022 Account Titles and Explanation Bonds Payable 5.395,000 Loss on Bond Redemption 5.295.500 Discount on Bonds Payable 5.187,600 Cash 5,502.900 e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit

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