On june 1 lemond company recalls bonds with a face value of


On June 1, LeMond Company recalls bonds with a face value of $200,000 and a current book value of $190,000.
LeMond pays $192,000 to retire the bonds. Prepare the journal entry to record the retirement of the bonds. 

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Accounting Basics: On june 1 lemond company recalls bonds with a face value of
Reference No:- TGS01156993

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