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Business, 18.03.2021 01:50 summerjoiner

A company retires its bonds at 105. The face value is $100,000 and the carrying value of the bonds at the retirement date is $103,745. The issuer's journal entry to record the retirement will include a: Group of answer choices Credit to Premium on Bonds. Credit to Bonds Payable. Debit to Premium on Bonds. Credit to Gain on Bond Retirement. Debit to Discount on Bonds.

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A company retires its bonds at 105. The face value is $100,000 and the carrying value of the bonds a...
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