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please show answers and work A $540,000 bond issue on which there is an unamortized discount of $37,000 is redeemed for $464,000. Journalize the redemption

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A $540,000 bond issue on which there is an unamortized discount of $37,000 is redeemed for $464,000. Journalize the redemption of the bands. If an amount box does not require an entry, leave it blank. Bonds Payable 540,000 Discount on Bonds Payable Gain on Redemption of Bonds Cash J110

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