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On January 1, 2024, when the carrying value of the bonds was $ 7,084,800, the company redeemed the bonds at 102. Record the redemption of
On January 1, 2024, when the carrying value of the bonds was $ 7,084,800, the company redeemed the bonds at 102. Record the redemption of the bonds assuming that interest for the period has already been paid.
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