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help with this please (8b) Company U redeemed $444,000 of its bonds at 96 on June 30,2025 , and immediately retired them. The carrying value
help with this please
Company U redeemed $444,000 of its bonds at 96 on June 30,2025 , and immediately retired them. The carrying value of the bonds on the retirement date was $427,600. The bonds pay annual interest and the interest pavment due on June 30, 2025 has been made and recorded. (Credit account tities are automatically indented when the omount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account tities and enter O for the amounts.) (8b)
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