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Discuss bond issue on which there is an unamortized discount

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Reference no: EM131797065

Redemption of Bonds Payable

A $870,000 bond issue on which there is an unamortized discount of $69,000 is redeemed for $823,000.

Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.

Reference no: EM131797065

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