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Enron issued a $200,000 face value, 6% 10-year bond at 93. Which of the following is the correct journal entry to record the retirement of
Enron issued a $200,000 face value, 6% 10-year bond at 93. Which of the following is the correct journal entry to record the retirement of the bond at maturity? a. Bonds Payable 186,000 Cash 186,000 b. Cash 200,000 Bonds Payable 200,000 c. Bonds Payable 188,000 Cash 188,000 d. Bonds Payable 200,000 Cash 200,000
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