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Jan 1; Levon's Shake Shack issues $900,000, two-year, 12% bonds at 103. Nov 1: Prior to maturity, when the carrying value of the bonds is

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Jan 1; Levon's Shake Shack issues $900,000, two-year, 12% bonds at 103. Nov 1: Prior to maturity, when the carrying value of the bonds is $927.000, the company redeems the bonds at 107. Record entries for both the issuance and redemption of the bonds

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