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-   -   Journal entry to record the retirement (https://www.askmehelpdesk.com/showthread.php?t=531611)

  • Dec 4, 2010, 02:15 PM
    Lucky725
    Journal entry to record the retirement
    Howell Corporation purchased $350,000 of its bonds on June 30, 2010, at 102 and immediately retired them The carrying value of the bonds on the retirement date was $339,500. The bonds pay semiannual interest and the interest payment due on June 30, 2010, has been made and recorded. Prepare the journal entry to record the retirement.
  • Dec 4, 2010, 06:27 PM
    pready

    So what is your question.

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