Prater corporation issued 479000 of 10 year bonds at a
Question - Prater Corporation issued $479,000 of 10 year bonds at a discount. Prior to maturity, when the carrying bonds was $452,655, the company redeemed the bonds at 96.
Prepare the entry to record the redemption of the bonds?
Now Priced at $25 (50% Discount)
Recommended (96%)
Rated (4.8/5)
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question - prater corporation issued 479000 of 10 year bonds at a discount prior to maturity when the carrying bonds
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