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On January 1, 2021, Argo Vacations issues $60 million in 20-year bonds for $66,934,432. On December 31, 2021, the bonds are retired early for $80
- On January 1, 2021, Argo Vacations issues $60 million in 20-year bonds for $66,934,432. On December 31, 2021, the bonds are retired early for $80 million. The carrying value of the bonds on December 31, 2021 is $66,747,739. Record the early retirement of the bonds.
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
2nd Edition
1408017725, 978-1408017722
