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Exercise 14-9 On January 1, 2017, Shamrock Corporation redeemed $430,000 of bonds at 99. At the time of redemption, the unamortized premium was $12,900. Prepare

Exercise 14-9

On January 1, 2017, Shamrock Corporation redeemed $430,000 of bonds at 99. At the time of redemption, the unamortized premium was $12,900. Prepare the corporations journal entry to record the reacquisition of the bonds.

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