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is this right? A $319,000 bond was redeemed at 104 when the carrying value of the bond was $357,000. The entry to record the redemption

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A $319,000 bond was redeemed at 104 when the carrying value of the bond was $357,000. The entry to record the redemption would include a loss on bond redemption of $38,000. loss on bond redemption of $25, 240. gain on bond redemption of $38,000. gain on bond redemption of $25, 240

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