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Business, 28.07.2021 21:20 smartoa

Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bonds have a carrying value of $990,000. We call these bonds prior to maturity on September 30. Required:
Write down journal entry.

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Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call...

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