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Godwin Corporation retires its bonds at 105 on January 1, after the payment of interest. The face value of the bonds is $560,000. The carrying

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Godwin Corporation retires its bonds at 105 on January 1, after the payment of interest. The face value of the bonds is $560,000. The carrying value of the bonds at retrement is $582.500. The entry to record the retirement will include a O A credit of $5,500 to Loss on Retirement of Bonds. OB. credit of $5.500 to Gain on Retirement of Bonds. OC. debit of $28,000 to Premium on Bonds Payable OD. debit of $22.500 to Premium on Bonds Payable Illinois Bank lends Lisle Fumiture Company $110,000 on December 1 Lisle Furniture Company signs a $110.000, 6%, 4-month note. The total cash paid at maturity of the note is: (Round your final answer to the nearest dollar) O A 5112 200 B. $110.000 OC$116.600 OD S113,300 Cubs Corporation issues $480,000,8% 5-year bonds on January 1, 2019 for $479.000. Interest is paidally on Januarytas Corporation uses the straight-line method of amortization of bond discount, the amount of interest expense recorded at December 31, 2019 would be O A $38.200 OB $38.400 OC 51.000 OD $38.600

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