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Business, 25.11.2019 22:31 dontcareanyonemo

On 1/1/x1, pluto corp. pays $45,000 to retire its bonds early. at the time of the retirement, the bonds have a face value of $42,000 and a carrying value of $40,000. question: what should be the amount of gain or loss, if any, the company will record as a result of the early retirement?

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On 1/1/x1, pluto corp. pays $45,000 to retire its bonds early. at the time of the retirement, the bo...
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