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Do It! Review 10-3b Pronghorn Corp issued $504,000 of 11-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was

Do It! Review 10-3b Pronghorn Corp issued $504,000 of 11-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $488,880, the company redeemed the bonds at 98. Prepare the entry to record the redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT

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