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A $490,000 bond issue on which there is an unamortized discount of $34,000 is redeemed for $473,000. Journalize the redemption of the bonds. If an

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A $490,000 bond issue on which there is an unamortized discount of $34,000 is redeemed for $473,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. Bonds Payable Gain on Redemption of Bonds Discount on Bonds Payable Cash

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