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On December 31, a $1,550,000 bond issue on which there is an unamortized discount of $73,900 is redeemed for $1,500,600. Journalize the redemption of the
On December 31, a $1,550,000 bond issue on which there is an unamortized discount of $73,900 is redeemed for $1,500,600.
Journalize the redemption of the bonds. Refer to the Chart of Accounts for exact wording of account titles.
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General Ledger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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