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  3. a $600,000 bond was retired at 98 when the carryin

A $600,000 bond was retired at 98 when the carrying value of the bond was...

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Accounting

A $600,000 bond was retired at 98 when the carrying value of the bond was $590,000. The entry to record the retirement would include a (C15L02) O a. gain on bond redemption of $2,000. O b. gain on bond redemption of $10,000. O c. loss on bond redemption of $10,000. O d. loss on bond redemption of $2,000

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