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A $100,000 Bond Issue with a Carrying Value of $103,000

Question 154

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A $100,000 bond issue with a carrying value of $103,000 is called at 101 and retired. The entry to record the retirement of bonds is: A $100,000 bond issue with a carrying value of $103,000 is called at 101 and retired. The entry to record the retirement of bonds is:

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