Gain or loss of the transaction

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Reference no: EM13140905

A bond issued with a face value of 200000 and a carrying amount of 195500 is paid off at 98 1/2 and retired. The gain or loss on this transaction is:

Reference no: EM13140905

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Gain or loss of the transaction : A bond issued with a face value of 200000 and a carrying amount of 195500 is paid off at 98 1/2 and retired. The gain or loss on this transaction is:
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