Business, 19.08.2020 21:01 GILLIG6003

Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bonds have a carrying value of $990,000. We call these bonds prior to maturity on September 30. Required:
Complete the necessary journal entry with the dollar amounts.

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Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call...

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