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Business, 25.04.2020 01:46 adrianaa34

Monty Corp. redeemed $132,000 face value, 10% bonds on April 30, 2022, at 103. The carrying value of the bonds at the redemption date was $119,196. The bonds pay annual interest, and the interest payment due on April 30, 2022, has been made and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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Monty Corp. redeemed $132,000 face value, 10% bonds on April 30, 2022, at 103. The carrying value of...

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