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Genesis reported that bonds with a face value of $100,000 and a carrying value of $67,000 are retired for $66,000 cash, resulting in a gain
Genesis reported that bonds with a face value of $100,000 and a carrying value of $67,000 are retired for $66,000 cash, resulting in a gain of $1,000. The amount to be reported in the financing section is $33,000 $1,000 $66,000 $67,000
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