Duplicate Question
The question on this page has been marked as a duplicate question.
Original Question
Bonds Payable has a balance of $900,000 and Premium on Bonds Payable has a balance of $10,000. If the issuing corporation redee...Asked by Sandra
Bonds Payable has a balance of $900,000 and Premium on Bonds Payable has a balance of $10,000. If the issuing corporation redeems the bonds at 103, what is the amount of gain or loss on redemption?
Answers
Answered by
Sandra
is it 1200 loss?
There are no AI answers yet. The ability to request AI answers is coming soon!