prepare the journal entry by ming to record the retirement of the bonds on january 1, 2021.

The December 31, 2020, balance sheet of Ming Inc. Included 8% bonds with a face amount of $102 million. The bonds were issued in 2008 and had a remaining discount of $3,600,000 at December 31, 2020. On January 1, 2021, Ming called the bonds at a price of 103 Required. Prepare the journal entry by Ming to record the retirement of the bonds on January 1, 2021. (if no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in whole dollars.) View transaction llat Journal entry worksheet Record the retirement of the bonds on January 1, 2021. Note: Enter debits batore credits General Journal Credit anuary 01 2021