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Business, 18.12.2019 00:31 matt2167

On july 1, 2019, michigan company has bonds with balances as shown below. bonds payable 69 comma 000 premium on bonds payable 4 comma 400 if the company retires the bonds for $ 73 comma 150, what will be the effect on the income statement? a. gain on retirement of $ 250 b. gain on retirement of $ 8 comma 550 c. loss on retirement of $ 8 comma 550 d. loss on retirement of $ 250

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On july 1, 2019, michigan company has bonds with balances as shown below. bonds payable 69 comma 000...
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