If the issuing corporation redeems the bonds at 990000 what


Bonds Payable has a balance of $1,000,000, and Discount on Bonds Payable has a balance of $30,000. If the issuing corporation redeems the bonds at $990,000, what is the amount of gain or loss on redemption?

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Accounting Basics: If the issuing corporation redeems the bonds at 990000 what
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