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Question no. 4 CURB Inc. issued $700,000, 10-year bonds at a premium. Prior to maturity, when the carrying value of the bonds is $705,000, the

Question no. 4

CURB Inc. issued $700,000, 10-year bonds at a premium. Prior to maturity, when the carrying value of the bonds is $705,000, the company retires the bonds at 103. Prepare the entry to record the redemption of the bonds.

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Introduction to Corporate Finance What Companies Do

Introduction to Corporate Finance What Companies Do

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