Bonds payable has a balance of 1000000 adn discount on


Bonds Payable has a balance of $1,000,000 adn Discount on Bonds Payable has a balance of $15,000. If the issuing corporation redeems the bonds at 97.5, what is the amount of gain or loss on redemption?

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Financial Accounting: Bonds payable has a balance of 1000000 adn discount on
Reference No:- TGS01008173

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