Several years ago, walters company issued bonds with a face value of $1,000,000 at par. as a result of declining interest rates, the company has decided to call the bond at a call premium of 5 percent over par. record the retirement of the bonds. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
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Several years ago, walters company issued bonds with a face value of $1,000,000 at par. as a result...
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