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Question 6 of 25 -/4 jii View Policies Current Attempt in Progress Marigold Company has $1420000 of bonds outstanding. The unamortized premium is $20000. If

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Question 6 of 25 -/4 jii View Policies Current Attempt in Progress Marigold Company has $1420000 of bonds outstanding. The unamortized premium is $20000. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption? $5800 gain O $14200 loss O $5800 loss $14200 gain Question 7 of 25 -/4 III View Policies Current Attempt in Progress A $609000 bond was retired at 102 when the carrying value of the bond was $627270. The entry to record the retirement would include a gain on bond redemption of $12180. loss on bond redemption of $6090. O gain on bond redemption of $6090. O loss on bond redemption of $12180. Question 8 of 25 -/4 i View Policies Current Attempt in Progress A $622000 bond was retired at 98 when the carrying value of the bond was $612000. The entry to record the retirement would include a O gain on bond redemption of $10000. O loss on bond redemption of $10000. O gain on bond redemption of $2440. O loss on bond redemption of $2440. Question 9 of 25 -/4 View Policies Current Attempt in Progress A corporation has the following account balances: Common stock, $1 par value, $59800; Paid-in Capital in Excess of Par, $1313000. Based on this information, the O number of shares outstanding are 1372800. O legal capital is $1372800. O number of shares issued are 59800. O average price per share issued is $22.79. Question 10 of 25 - 14 III View Policies Current Attempt in Progress Vaughn Company issued 3800 shares of its $5 par value common stock in payment of its attorney's bill of $31200. The bill was for services performed in helping the company incorporate. Vaughn should record this transaction by debiting Legal Expense for $31200. O Organization Expense for $31200. O Organization Expense for $19000. Legal Expense for $19000

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