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Obj. 2 An $ 8 0 0 , 0 0 0 bond issue on which there is an unamortized premium of $ 5 7 ,

Obj.

2

An $

800, 000

bond issue on which there is an unamortized premium of $

57, 000

is redeemed for $

785, 000 .

Journalize the redemption of the bonds.

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