Wildhorse Company retired $$615,000$ face value, $10\%$ bonds on June $30,2020$ at $97.$ The carrying value of the bonds at the redemption date was $$622,000.$

Prepare the journal entry to record the redemption of the bonds. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

Account Titles and Explanation

Debit

Credit

Bonds Payable