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Larkspur, Inc, redeemed $158,000 face value, 13.5% bonds on June 30,2022 , at 98 . The carrying value of the bonds at the redemption date
Larkspur, Inc, redeemed $158,000 face value, 13.5% bonds on June 30,2022 , at 98 . The carrying value of the bonds at the redemption date was $170,640. The bonds pay annual interest, and the interest payment due on June 30,2022 , has been made and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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