What will be the general journal entry on november

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Question - On January 1, 2021, Patterson, Inc. issued $5,000,000.00 bonds with a face value of 5.00%. The market rate for these bonds are 10.00%. Interest is paid once a year on December 31st and the bonds will mature on December 31, 2023. The bond is called by Patterson, Inc. on November 30, 2022 for $5,450,000.00. What will be the general journal entry on November 30, 2022 for the issuer?

Reference no: EM133115488

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