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Referring to Section III, assume on December 31, 2024, Indebt.com retired the bonds at 97. Prepare the journal entry to record the retirement (assume that
Referring to Section III, assume on December 31, 2024, Indebt.com retired the bonds at 97. Prepare the journal entry to record the retirement (assume that the adjusting entries for the accrual of interest and discount amortization have been recorded).
Date |
Account Titles and Explanation |
PR |
Debit |
Credit | |
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