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On January 1, 2022, Garcia S.A. redeemed R$300,000 of bonds at 101. At the time of redemption, the unamortized discount was R$19,200. Prepare the Garcia's

On January 1, 2022, Garcia S.A. redeemed R$300,000 of bonds at 101. At the time of redemption, the unamortized discount was R$19,200. Prepare the Garcia's journal entry to record the reacquisition of the bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit
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