Several years ago, Walters Company issued bonds with a face value of $601,000 at par. As a result of declining interest rates, the company has decided to call the bond at a call premium of 9 percent over par. Record the retirement of the bonds. (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 the retirement of the bonds. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal