Fort collins company retired 800000 of 7 bonds payable at, Financial Management

Fort collins company retired 800000 of 7 bonds payable at

Fort Collins Company retired $800,000 of 7% bonds payable at 97 on June 30, 2012, two years before the bonds matured. The bond book value on June 30, 2012 is $770,000, and bond interest is paid up to the date of retirement. What is the gain/loss on the retirement of these bonds?

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Financial Management: Fort collins company retired 800000 of 7 bonds payable at

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Financial Management: Fort collins company retired 800000 of 7 bonds payable at

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