Solution-Make the journal entries for the repurchase of the

Make the journal entries for the repurchase of the bonds

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Reference no: EM132593853

Question - On June 1, 2016 Falcon corp. decided to repurchase its $10,000,000, 8%bond issue, maturing in 2023. The market price for the bond on June 1st was 98. The carrying value at the time of repurchase was 10,230,000. Make the journal entries for the repurchase of the bonds.

Reference no: EM132593853

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Make the journal entries for the repurchase of the bonds : The carrying value at the time of repurchase was 10,230,000. Make the journal entries for the repurchase of the bonds

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Make the journal entries for the repurchase of the bonds

Reference no: EM132593853

Reference no: EM132593853

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