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The December 31, 2020, balance sheet of Ming Inc. Included 10% bonds with a face amount of $103 million. The bonds were issued in 2008

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The December 31, 2020, balance sheet of Ming Inc. Included 10% bonds with a face amount of $103 million. The bonds were issued in 2008 and had a remaining discount of $3,700.000 at December 31, 2020. On January 1, 2021, Ming called the bonds at a price of 101. Required: Prepare the journal entry by Ming to record the retirement of the bonds on January 1, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet

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