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SOLVED: A 300,000 bond was redeemed at 98 when the carrying value of the bond was292,000. the entry to record the redemption would include a a. loss on bond redemption of 2,000 b. gain on bond redemption of2,000 c. gain on bond redemption of 4,000 d. loss on bond redemption of4,000

SOLVED: A 300,000 bond was redeemed at 98 when the carrying value of the bond was292,000. the entry to record the redemption would include a a. loss on bond redemption of 2,000 b. gain on bond redemption of2,000 c. gain on bond redemption of 4,000 d. loss on bond redemption of4,000

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