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redemption? 'a. $15,135 loss b. $10,090 loss C. $15,135 gain d. $10,090 gain Bonds Payable has a balance of $1,009,000 and Discount on Bonds Payable

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redemption? 'a. $15,135 loss b. $10,090 loss C. $15,135 gain d. $10,090 gain

Bonds Payable has a balance of $1,009,000 and Discount on Bonds Payable has a balance of $10,090. If the issuing corporation redeems the bonds at 97.5, what is the amount of gain or loss on redemption ? Ob. $15,135 loss $10,090 loss $15,135 gain gain

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