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Question three: (5 marks , 2.5 marks each) Carpino Company issued 800,000 of bonds on January 1, 2017. Instructions hal entry to record the retirement

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Question three: (5 marks , 2.5 marks each) Carpino Company issued 800,000 of bonds on January 1, 2017. Instructions hal entry to record the retirement of the bonds at maturity, assumin were issued at 100. o rrepare the journal entry to record the retirement of the bonds before maturity at 98 the carrying value of the bonds was $805,000

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