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Business, 13.04.2021 02:40 joelpimentel

A bond with a face value of $130,000 was redeemed at 99 when the carrying value of the bond was $126,000. The entry to record the redemption would include a A : loss on bond redemption of $2,700. B : loss on bond redemption of $5,260. C : gain on bond redemption of $1,300. D : gain on bond redemption of $4,000.

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A bond with a face value of $130,000 was redeemed at 99 when the carrying value of the bond was $126...

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