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Interest Payable $ 192 $ 2.500 QUESTION 9 KAYUsing the information from question #3, assume that 50% of the bonds were retired on July 1,
Interest Payable $ 192 $ 2.500 QUESTION 9 KAYUsing the information from question #3, assume that 50% of the bonds were retired on July 1, 2014 at 90. (a) Which of the following statements regarding the bond is true as of the retirement date. (15 points) OA There is no gain or loss on retirement of the bonds. OB. None of the above The book value of the bond is $48,855 and the loss on retirement is 53,855 The bonds cannot be retired on this date OE The fair value of the bond is 545,000 and the gain on retirement is 53,855 QUESTION 10 (4) Using the information from question 3. assume that 50% of the bonds were retired on July 1, 2014 at 90 The lournal entry to record the retirement of the bonds includes. Click Save and Submit to save and submit. Click Save All Answers to save all answers
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