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Prepare the corporation journal entry to record bonds

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Reference no: EM132642649

Question - On January 1, 2020, Riverbed Corporation redeemed $400,000 of bonds at 96. At the time of redemption, the unamortized premium was $12,000.

Required - Prepare the corporation's journal entry to record the reacquisition of the bonds.

Reference no: EM132642649

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Prepare the corporation journal entry to record bonds : On January 1, 2020, Riverbed Corporation redeemed $400,000 of bonds at 96. Prepare the corporation's journal entry to record bonds
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