A $500,000 bond issue on which there is an unamortized discount of $34,000 is redeemed for $473,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.     Bonds Payable  fill in the blank 2 fill in the blank 3   Discount on Bonds Payable  fill in the blank 5 fill in the blank 6   Gain on Redemption of Bonds  fill in the blank 8 fill in the blank 9   Cash  fill in the blank 11

Q: Issuing Bonds at a Premium

A: Bonds issued at premium means bonds issued at a price higher than par value.

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Q: Hi! I am having trouble doing my accounting homework, coudl you help me complete it. The account…

A: Premium on Bonds Payable=Bond Issue Value-Bond Face Value

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A:

Q: Pls help stepwise thanks. ..

A: Reference: Redeeming Bonds Payable | Financial Accounting. (n.d.).…

Q: A $500,000 bond issue on which there is an unamortized discount of $50,000 is redeemed for $475,000.…

A: Given Information:  Issue of bonds = $500,000 Unamortized discount = $50,000 Redeemed for = $475,000

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