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Business, 25.10.2019 03:43 Danay4600

A$300,000 bond was redeemed at 98 when the carrying value of the bond was $292,000. the entry to record the redemption would include a
a. loss on bond redemption of $2,000
b. gain on bond redemption of $2,000
c. gain on bond redemption of $4,000
d. loss on bond redemption of $4,000

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A$300,000 bond was redeemed at 98 when the carrying value of the bond was $292,000. the entry to rec...
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