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Return to Blackboard Is Weygandt, Accounting Principles, 13 S eo Sem Announce CALCULATOR PRINTER VERSION 4 Exercise 15-08 The following are two independent situations 1.

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Return to Blackboard Is Weygandt, Accounting Principles, 13 S eo Sem Announce CALCULATOR PRINTER VERSION 4 Exercise 15-08 The following are two independent situations 1. Cullumber Corporation redeemed 5123,500 face valu, 12bonds on une 30, 2020, 108. The carrying value of the bonds at the redemption date was $110.500. The bonds pay annual rest, and the interest payment due on une 30, 2020, has been made and recorded 2. Testove Inc. redeemed $170,000 face valon, 19.50% bonds on June 30, 2020, at 93. The carrying value of the bonds at the redemption date was $175,000. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded. For each independent situation above, prepare the propriate mal entry for the redemption of the bonds. (Credit accounts are automatically indented when amount is entered. De Question Attempts of 4 used AVE FOR LATER SUBALIT

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