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    jwsowers41 Posts: 1, Reputation: 1
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    Nov 24, 2010, 07:43 PM
    Accounting
    a corporation retired $130,000 face value, 12% bonds on July 1, 2007 at 102. The carrying value of the bonds at the redemption date was $117,500. The bonds pay annual interest, and the interest payment due on July 1, 2007 has been made and recorded

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