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Magic Mountain retires its 7% bonds for $130.000 before their scheduled maturity. At the time, the bonds have a face value of 128.000 and a

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Magic Mountain retires its 7% bonds for $130.000 before their scheduled maturity. At the time, the bonds have a face value of 128.000 and a carrying value of $114,000 Record the early retirement of the bonds. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction et Journal entry worksheet Record the early retirement of the bonds. Note: Enter debits before credits Transaction General Journal Dobit Credit Record entry Clear entry View general Journal

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