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Business, 13.02.2020 22:47 ghari112345

A company retired $62 million of its 6% bonds at 105 ($65.1 million) before their scheduled maturity. At the time, the bonds had a remaining discount of $2 million. Prepare the journal entry to record the redemption of the bonds

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A company retired $62 million of its 6% bonds at 105 ($65.1 million) before their scheduled maturity...
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