On May 1,2014,Metro Company has bonds with balances as shown below. Metro retires the bonds for $52,000.Please provide the journal entry to retire the bonds.
$$\begin{array} { | l | l | l | }
\hline \quad\quad& \quad&\quad \
\hline & & \\hline & & \\hline & & \
\hline
\end{array}$$

Question

On May 1,2014,Metro Company has bonds with balances as shown below.  Metro retires the bonds for $52,000.Please provide the journal entry to retire the bonds.
 $$\begin{array} { | l | l | l | } 
\hline \quad\quad& \quad&\quad \
\hline & & \\hline & & \\hline & & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of On May 1,2014,Metro Company has bonds with balances as shown below.  Metro retires the bonds for $52,000.Please provide the journal entry to retire the bonds.
 $$\begin{array} { | l | l | l | } 
\hline \quad\quad& \quad&\quad \
\hline & & \\hline & & \\hline & & \
\hline
\end{array}$$

On May 1,2014,Metro Company Has Bonds with Balances as Shown \begin{array} { | l | l | l | } \hline \quad\quad& \quad&\quad \\\hline & & \\\hline & & \\\hline & & \\\hline\end{array}​​​​

On May 1,2014,Metro Company Has Bonds with Balances as Shown $\begin{array} { | l | l | l | } \hline \quad\quad& \quad&\quad \\\hline & & \\\hline & & \\\hline & & \\\hline\end{array}$