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Carla Vista Company retired $560,000 face value, 10% bonds on June 30,2020 at 97 . The carrying value of the bonds at the redemption date
Carla Vista Company retired $560,000 face value, 10% bonds on June 30,2020 at 97 . The carrying value of the bonds at the redemption date was $567,900. Prepare the journal entry to record the redemption of the bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
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