Premium Pizza retires its 5% bonds for $55,000 before their scheduled maturity. At the time, the bonds have a face amount of $52,900 and a carrying value of $57,040, Record the early retirement of the bonds. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet A Record the early retirement of bonds. Note: Enter debits before credits Dobit Credit Transaction General Journal 1 Bonds Payable Premium on Bonds Payable hain Cash