Business, 25.03.2020 00:35, saigecc14

A $600,000 bond was retired at 102 when the carrying value of the bond was $622,000. The entry to record the retirement would include a Select one: a. gain on bond redemption of $10,000. b. loss on bond redemption of $12,000. c. loss on bond redemption of $10,000 d. gain on bond redemption of $12,000.

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A $600,000 bond was retired at 102 when the carrying value of the bond was $622,000. The entry to re...