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Journalize the redemption of the bonds

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Reference no: EM132903008

Problem 1: Redemption of Bonds Payable, A $850,000 bond issue on which there is an unamortized premium of $60,000 is redeemed for $767,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.

Reference no: EM132903008

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