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Question 26 6 pts 49er Company issues $900,000 10-year, 8% annual bonds on January 1, 2020 at 103. The bonds pay interest on December 31

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Question 26 6 pts 49er Company issues $900,000 10-year, 8% annual bonds on January 1, 2020 at 103. The bonds pay interest on December 31 each year. Each bond has 105 call option, 49er Company uses straight-line amortization for all bond premium Provide the journal entry information using the table below if the bonds are called on March 31, 2022. DO NOT include the dollar symbol in your answer and use only the two letter abbreviation for your answer. Account Name Entry Amount DR/CR Cash $ Bonds Payable $ Premium on Bonds Payable $ Interest Expense $ Gain or Loss on Redemption $ Previous Next

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