Carla Vista Company retired $$595,000$ face value, $10\%$ bonds on June $30,2020$ at $95.$ The carrying value of the bonds at the redemption date was $$603,500.$

Prepare the journal entry to record the redemption of the bonds.

Premlum on Bonds Payable

Bonds Payable

Galn on Bond Redemption

Debit

$$

$$

$$

$$

Credit

$$

$$

$$