Hucklebuckers corporation issued 400000 of 10-year bonds at


1. Hucklebuckers Corporation issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $390,000, the company retired the bonds at 99. Prepare the entry to record the redemption of the bonds.

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Accounting Basics: Hucklebuckers corporation issued 400000 of 10-year bonds at
Reference No:- TGS01514183

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