Question 6 Answer saved Marked out of 12.00 Pagestion Print Darien Inc. redeemed 55,000 of its bonds at 102 on January 1. At this date, the namortized discount was 5690. Prepare the journal entry on January for the band redemption Assume Darien has a December 31 year-end and all adjusting entries were made. Date Jan Debit Credit o 0 Net Cash Inventory Equipment Land Deferred Revenus Blonde Payable Discount ons Paysle Discount and Debistance Costa Premium on blond Payable Fair Value AdjutantBonds Payable Note walile Discount on Note Payable Premium on Note Payable Fair Value Adjustment Note Payable interest Payable Common Stock Paid-in Capital incess of Par-Common Stock Pad-in Capital Stock Warrants Retained Gaming Period Adjustment Debt Conversion Expanse Interest Expense Loss on Redemption of Bonde Cain on Redemption of Bonde Und win or los con Unreatured Gain or Loss-OC Copyry Tooted EB Finish attempt Pri Question 6 Answer saved Marked out of 12.00 Prag Question Darien incredeemed $5,000 of its bonds at 102 on January 1. At this date, the unamortized discount was $690. Prepare the journal entry on January for the trond redempton Assume Darien has a December 31 year-end and all adjusting entries were made Account Name Debit Credit Date Jan 1 0 0 0 0 0 0 0 Lo record bond redemotion Next Previous Save Answers