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Solar Energy inc, issued a $909,000,9.5%, five-year bond on October 1,2020 . Interest is paid annually each October 1, Solar's yearend is December 31 .
Solar Energy inc, issued a $909,000,9.5%, five-year bond on October 1,2020 . Interest is paid annually each October 1, Solar's yearend is December 31 . Assume that interest has already been paid on October 1, 2023. Required: Using the omortization schedule provided above, record the entry to retire the bonds on October 1, 2023, for cash of: a. $885,500 b. $893,329 c. $895,900 Journal entry worksheet Assume that interest has already been paid on October 1, 2023. Required: Using the amortization schedule provided above, record the entry to retire the bonds on October 1,2023, for cash of: a. $885,500 b. $893,329 c. $895,900 Journal entry worksheet 1) 3 Record the retirement of bond for $893,329. Assume that interest has already been paid on October 1, 2023 . Required: Using the amortization schedule provided above, record the entry to retire the bonds on October 1, 2023, for cash of: a. $885,500 b. 5893,329 c. $895,900 Journal entry worksheet 12 Record the retirement of bond for $895,900
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