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Prepare the corporations journal entry

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Question - On January 1, 2014, Henderson Corporation redeemed $637,200 of bonds at 98. At the time of redemption, the unamortized premium was $19,116 and unamortized bond issue costs were $6,372.

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

Reference no: EM132094408

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