Required information Knowledge Check 01 A few years ago. Acme, Inc., Issued callable bonds with a face value of $1,000,000 that have a call feature that allows it to retire the bonds early at 101% of face value. Acme, Inc., called these bonds on September 30 when the bonds had a carrying value of $990,000. Complete the necessary journal entry. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) View transaction list Journal entry worksheet Record retirement of the callable bonds at 101% of face value on September 30 when the bonds had a carrying value of $990,000 and a face value of $1,000,000. Note: Enter debits before credits. Debit Credit Date General Journal September Bonds payable 30 Moss on bond call