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can someone please gelp? On January 1,2025, Cheyenne Corporation redeemed $490,000 of bonds at 97 . At the time of redemption, the unamortized premium was
can someone please gelp?
On January 1,2025, Cheyenne Corporation redeemed $490,000 of bonds at 97 . At the time of redemption, the unamortized premium was $14,700. Prepare the corporation's journal entry to record the reacquisition of the bonds. (If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Step by Step Solution
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