The December 31, 2023, balance sheet of Ming Incorporated included 12% bonds with a face amount of $100 million. The bonds were issued in 2011 and had a remaining discount of $3,400,000 on December 31, 2023. On January 1, 2024, Ming called the bonds at a price of 102 . Required: Prepare the journal entry by Ming to record the retirement of the bonds on January 1 , 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollars and not in millions. Journal entry worksheet Record the retirement of the bonds on January 1, 2024. Note: Enter debits before credits
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