Early retirement of bonds Eaton company issued 600000 of 8% 20 year bonds at 106 on January 1…

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Early retirement of bonds Eaton company issued 600000 of 8% 20 year bonds at 106 on January 1 2013. Interest is payable semiannually on july 1st and Jan 1st. Through Jan 1 2019 Eaton amortized 5,000 of the bond premium. On Jan 1st 2019 Eaton retired the bond at 103 after making the interest payment on that date. Prepare the journal statement for retiring that bond on Jan 1st 2019.

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Early retirement of bonds Eaton company issued 600000 of 8% 20 year bonds at 106 on January 1… was first posted on June 29, 2020 at 8:58 am.
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Early retirement of bonds Eaton company issued 600000 of 8% 20 year bonds at 106 on January 1… was first posted on June 29, 2020 at 9:05 am.
©2020 "homeworkcrew". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at homeworkcrew.com@gmail.com

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