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  3. (b) oldman, tac., redeemed $170,000 face value, 12

(b) Oldman, tac., redeemed $170,000 face value, 12.5% bonds on June 30,2025, at 98. The...

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Accounting

(b) Oldman, tac., redeemed $170,000 face value, 12.5% bonds on June 30,2025, at 98. The carrying value of the bonds at the redemption date was $184,000. The bonds pay annual interest, and the interest payment due on June 30,2025, has been made and recorded. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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