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On March 21, 2017, the Bond Accounts of Pugh Sales

Question 159

Essay

On March 21, 2017, the bond accounts of Pugh Sales showed the following balances. On March 21, 2017, the bond accounts of Pugh Sales showed the following balances. Pugh Sales retires the bonds for $66,150. Prepare the journal entry to record the retirement of the bonds. Pugh Sales retires the bonds for $66,150. Prepare the journal entry to record the retirement of the bonds.

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