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Business, 12.08.2020 04:01 tatiaa2155

On February 1, 2020, Pat Weaver Inc. (PWI) issued 9%, $1,200,000 bonds for $1,500,000. PWI retired all of these bonds on January 1, 2021, at 105. Unamortized bond premium on that date was $126,000. How much gain or loss should be recognized on this bond retirement

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On February 1, 2020, Pat Weaver Inc. (PWI) issued 9%, $1,200,000 bonds for $1,500,000. PWI retired a...
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