
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Discount Pizza retires its 7% bonds for $59,000 before their scheduled maturity. At the time, the bonds have a face amount of $61,200
and a carrying value of $57,009.
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.)
View transaction list
Journal entry worksheet
1
Record the early retirement of bonds.
Note: Enter debits before credits.
Transaction
1
General Journal
Debit
Credit
>
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