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Please answer part C / fill in the chart ...

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Accounting

Please answer part C / fill in the chart
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CALCULATOR MESSAGE HY ?NSTRUCTOR FULLSCREEN PR?NTER VERS?ON SACK ercise 9-1 acelli Company issued 10-year, 10% bonds with a par valu n December 31, 2014, $800,000 of the par value bonds were purchased by Salez Company for $820,000. Salez Company is an oth companies use the straight-line method to amortize bond discounts and premiums e of $1,000,000 on January 2, 2013, for $940,000. Interest is paid semiannually on June 30 and December 3 Salez Company declared cash dividends of s60,000 each year during the period 2014-2015 (a) ?Your answer is correct. Compute the total gain or loss on the constructive retirement of debt ? 58400 Total constructive loss SHOW LIST OF sHoW Attempts: 1 of 3 used Your answer is correct. Allocate the total gain or loss between Pacelli Company and Salez Company All Rights Reserved. A Division of 2ohn Woley & Sons. In

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