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Premium Pizza retires its 5% bonds for $64,000 before their scheduled maturity. At the time, the bonds have a face amount of $61,800 and a
Premium Pizza retires its 5% bonds for $64,000 before their scheduled maturity. At the time, the bonds have a face amount of $61,800 and a carrying value of $66,380, Record the early retirement of the bonds. Of no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.)
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