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Two independent situations follow: 1. Carla Vista Corporation redeemed $148,200 face value, 12% bonds on June 30, 2021, at 101. The bonds' amortized cost at

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Two independent situations follow: 1. Carla Vista Corporation redeemed $148,200 face value, 12% bonds on June 30, 2021, at 101. The bonds' amortized cost at the redemption date was $133.950. The bonds pay an interest and the interest payment due on June 30, 2021, has been made and recorded. Flint Inc. redeemed $171.000 face value, 12.5% bonds on June 30, 2021, at 96. The bonds' amortized cost at the redemption date was 5172.140. The bonds pay annual interest, and the interest payment due on June 30, 2021, has been made and recorded. 2. For each situation above, prepare the appropriate journal entry for the redemption of the bonds. (Credit account titles are automatically indented when the amount is entered Dorot indent morale entry is required, select "No Entry for the account titles and enter for the amounts) Debit Credit Account Titles and Explanation No. Date 1. June 30, 2021 To verord redemption of bonds) No. Date Account Titles and Explanation Debit Debit Credit 1. June 30, 2021 (To record redemption of bonds.) 2. June 30, 2021 (To record redemption of bonds.) A

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