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Journalize the redemption of the bonds on December 31. Refer to the Chart of Accounts for exact wording of account titles. A $500,000 bond issue
| Journalize the redemption of the bonds on December 31. Refer to the Chart of Accounts for exact wording of account titles. |
A $500,000 bond issue on which there is an unamortized discount/premium of $20,000 is redeemed for $475,000.
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JOURNAL
| DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | |
|---|---|---|---|---|---|
| 1 |
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| 2 |
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| 3 |
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Accounting Simplified For Beginners
Authors: Preston C Wainwright
1st Edition
8550577332, 9798550577332
