Gold Corporation Assignment | Top Universities

SECTION 1 (4 points) Gold Corporation issued $9,000,000, 15-year bonds at a discount. On April 1st of 2020, prior to maturity, when the carrying value of the bonds is $8,454,000, the company retires the bonds at 102.
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Required: On the journal page below, prepare (in good form) the April 1st journal entry for the retirement of the bonds. Be sure to include the date. Credit Description Date Al 1 Cash I Diskint a Bunds Debly 9. 00 846 Bunds Papable pass by. Get Accounting Homework Help Today

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