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Discount Pizza retires its 7% bonds for $49,000 before their scheduled maturity. At the time, the bonds have a face amount of $51,300 and a
Discount Pizza retires its 7% bonds for $49,000 before their scheduled maturity. At the time, the bonds have a face amount of $51,300 and a carrying value of $47,347 Record the early retirement of the bonds. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Ask View transaction list Print Journal entry worksheet Record the early retirement of bonds. Note: Enter debits before credits. Transaction Credit Debit 51,300 General Journal Bonds Payable Loss Discount on Bonds Payable Cash 3,953 This is a numeric cell, so please enter numbers only
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