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QUESTION
A $510,000 bond issue on which there is an unamortized discount of $36,000 is redeemed for $444,000. Required: Journalize the redemption of the bonds....
A $510,000 bond issue on which there is an unamortized discount of $36,000 is redeemed for $444,000.
Required:Journalize the redemption of the bonds. Refer to the Chart of Accounts for exact wording of account titles.
