Business, 09.01.2021 23:30 hamada11617
A $299,000 bond was redeemed at 104 when the carrying value of the bond was $354,000. The entry to record the redemption would include a
Oa. gain on bond redemption of $55,000.
Ob. loss on bond redemption of $43,040,
Oc. loss on bond redemption of $55,000
Od gain on bond redemption of $43,040,
Answers: 2
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A $299,000 bond was redeemed at 104 when the carrying value of the bond was $354,000. The entry to r...
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