Loveland corporation issued 431200 of 13-year bonds at a
Question - Loveland Corporation issued $431,200 of 13-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $418,264, the company redeemed the bonds at 99.
Prepare the entry to record the redemption of the bonds.
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question - loveland corporation issued 431200 of 13-year bonds at a discount prior to maturity when the carrying value
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