A company retired 60 million of its 6 bonds at 102 612
1. A company retired $60 million of its 6% bonds at 102 ($61.2 million) before their scheduled maturity. At the time, the bonds had a remaining discount of $2 million. Prepare the journal entry to record the redemption of the bonds.
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1 a company retired 60 million of its 6 bonds at 102 612 million before their scheduled maturity at the time the bonds
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