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Business, 04.12.2020 17:00 lauren21bunch

Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $15,500. If the issuing corporation redeems the bonds at 98 1/2, what is the amount of gain or loss on redemption

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Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $15,500. If...
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