On january 1 2014 henderson corporation redeemed 637200 of


Question - On January 1, 2014, Henderson Corporation redeemed $637,200 of bonds at 98. At the time of redemption, the unamortized premium was $19,116 and unamortized bond issue costs were $6,372.

Prepare the corporation's journal entry to record the reacquisition of the bonds.

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Accounting Basics: On january 1 2014 henderson corporation redeemed 637200 of
Reference No:- TGS02887865

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