Business, 02.10.2019 06:00, QueenKy6050

Ivanhoe company had bonds outstanding with a maturity value of $294,000. on april 30, 2017, when these bonds had an unamortized discount of $9,000, they were called in at 104. to pay for these bonds, ivanhoe had issued other bonds a month earlier bearing a lower interest rate. the newly issued bonds had a life of 10 years. the new bonds were issued at 102 (face value $294,000). ignoring interest, compute the gain or loss. loss on redemption $ ignoring interest, record this refunding transaction

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Ivanhoe company had bonds outstanding with a maturity value of $294,000. on april 30, 2017, when the...