Question 4 Partially correct Mark 8.00 out of 12.00 P Flag question Edit question Recording Bond Redemption Darien Inc. redeemed $5,000 of its bonds at 102 on January 1, 2020. At this date, the unamortized discount was $690. Prepare the journal entry on January 1, 2020, for the bond redemption. Assume Darien has a December 31 year-end and all adjusting entries were made. Date Account Name Dr. Cr. Jan. 1, 2020 Bonds Payable 5,000 0 Loss on Redemption of Bonds 790 Discount on Bonds Payable x 0 690 X Cash 0 5,100 x 0