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On January 1, 2020, Mitchell Corp retires bonds with a face amount of $500,000 at 102. The unamortized discount on January 2020 was $25,000. Journalize

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On January 1, 2020, Mitchell Corp retires bonds with a face amount of $500,000 at 102. The unamortized discount on January 2020 was $25,000. Journalize the entry. Date Description Post Debit Credit 1 1 2 3 2 3 4 5 4 5 6 6 7 7 8 8

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