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A Company Has Bonds Outstanding with a Face Value of $100,000

Question 133

Multiple Choice

A company has bonds outstanding with a face value of $100,000. The unamortized premium on these bonds is $2,700. If the company retired these bonds at a call price of 99, the journal entry to record this retirement is: A company has bonds outstanding with a face value of $100,000. The unamortized premium on these bonds is $2,700. If the company retired these bonds at a call price of 99, the journal entry to record this retirement is:   A)  Option: A B)  Option: B C)  Option: C D)  Option: D


A) Option: A
B) Option: B
C) Option: C
D) Option: D

Correct Answer:

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