chapter 10: Long-Term Liabilities Record the retirement of bonds. Knowledge Check 02 Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bonds have a carryir value of $990,000. We call these bonds prior to maturity on September 30. Complete the necessary journal entry by selecting the account name and dollar amounts from the drop-down menus. Date Account Title Debit Credit Sept. 30 select le seleat pelect Discount on Bonds Payable select select select select select Cash select select chapter 10: Long-Term Liabilities Record the retirement of bonds. Knowledge Check 02 Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bonds have a carryir value of $990,000. We call these bonds prior to maturity on September 30. Complete the necessary journal entry by selecting the account name and dollar amounts from the drop-down menus. Date Account Title Debit Credit Sept. 30 select le seleat pelect Discount on Bonds Payable select select select select select Cash select select