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Prepare the journal entry to record this redemption

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Question - Assume that on July 1, 2019, Crane Co. redeems half of the bonds at a cost of $1,139,500 plus accrued interest. Prepare the journal entry to record this redemption.

Reference no: EM132576159

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Prepare the journal entry to record this redemption : Assume that on July 1, 2019, Crane Co. redeems half of bonds at a cost of $1,139,500 plus accrued interest. Prepare the journal entry to record this redemption
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