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The balance sheet of River Electronics Corporation as of December 3 1 , 2 0 2 3 , included 1 2 . 2 5 %
The balance sheet of River Electronics Corporation as of December included bonds having a face amount of $ million. The bonds had been issued in and had a remaining discount of $ million at December On January River Electronics called the bonds before their scheduled maturity at the call price of Required:Prepare the journal entry by River Electronics to record the redemption of the bonds at January Note: If no entry is required for a transactionevent select No journal entry required" in the first account field. Enter your answers in whole dollars.
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