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Exxon Oil retired a face amount $100.000 bond payable by paying $98.000 cash to the bondholders Excon recognized a $2.500 gain in connection with this
Exxon Oil retired a face amount $100.000 bond payable by paying $98.000 cash to the bondholders Excon recognized a $2.500 gain in connection with this retirement which one of the below must be true? The bond had an unamortized premium of $2,500 The bond had an unamortized premium of $500 The bond had an unamortized discount of $2.500 The bond had an unamortized discount of $500 Moving to another question will save is response
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