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PROBLEM III: On January 1, 2017, Tandler Corporation issued a $4,000,000, 10-year, 6% bond at 97. On January 1, 2021 Tandler recalled the entire bond

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PROBLEM III: On January 1, 2017, Tandler Corporation issued a $4,000,000, 10-year, 6% bond at 97. On January 1, 2021 Tandler recalled the entire bond issue at 101. REQUIRED: Make the necessary journal entry for January 1, 2021 the day the bond was retired

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