emilymendes546
09.12.2021 •
Business
The balance sheet for Miley Consulting reports the following information on July 1, 2022. Long-term liabilities Bonds payable$1,000,000 Less: Discount on bonds payable60,000$940,000 Miley decides to redeem these bonds at 101 after paying annual interest. Prepare the journal entry to record the redemption on July 1,
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