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Business, 14.01.2021 17:00 caseychandler030418

On February 1, 2017, Pat Weaver Inc. (PWI) issued 9%, $1,500,000 bonds for $1,800,000. PWI retired all of these bonds on January 1, 2018, at 105. Unamortized bond premium on that date was $157,500. How much gain or loss should be recognized on this bond retirement

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On February 1, 2017, Pat Weaver Inc. (PWI) issued 9%, $1,500,000 bonds for $1,800,000. PWI retired a...
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