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Discount Pizza retires its 7% bonds for $68,000 before their scheduled maturity. At the time,...

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Discount Pizza retires its 7% bonds for $68,000 before their scheduled maturity. At the time, the bonds have a face amount of $70,000 and a carrying value of $64,168. Record the early retirement of the bonds. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the early retirement of bonds. Note: Enter debits before credits

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