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Redemption of bonds payable Instructions Chart of Accounts Journal Instructions A 51,550,000 bond issue on which there is an unamortized premium of $73,900 is redeemed

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Redemption of bonds payable Instructions Chart of Accounts Journal Instructions A 51,550,000 bond issue on which there is an unamortized premium of $73,900 is redeemed for $1,599,400 Journalize the redemption of the bonds. Refer to the Chart of Accounts for exact wording of account Miles

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