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Business, 30.03.2020 22:35 lasardia

A company issues $50,000 of 9%, 10-year bonds dated January 1, 2009, that mature on December 31, 2018, and pay interest semiannually for $2,250. On December 31, 2013, when the bond premium is $2,500, the bonds are called for $54,000. The journal entry to record this transaction would record a (Gain/Loss) on Bond Retirement in the amount of .

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A company issues $50,000 of 9%, 10-year bonds dated January 1, 2009, that mature on December 31, 201...
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