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Business, 18.10.2019 22:00 samanthagarcia16

Bonds payable has a balance of $1,000,000 and discount on bonds payable has a balance of $10,000. if the issuing corporation redeems t bonds at 97.5, what is the amount of gain or loss on redemption?
a. $25,000 loss
b. $ 10,000 loss
c. $25,000 gain
d. $15,000 gain

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Bonds payable has a balance of $1,000,000 and discount on bonds payable has a balance of $10,000. if...
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