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Sheridan Corporation retires its 540000 face value bonds at 104 on January 1st following the payment of annual interest. The carrying value of the bonds
Sheridan Corporation retires its 540000 face value bonds at 104 on January 1st following the payment of annual interest. The carrying value of the bonds at the Redemption date is $560,223. The entry to record the Redemption will include a
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