Business, 02.03.2020 22:58 AD4MF4HM1

A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $4,500. The company calls these bonds at a price of $97,000, the gain or loss on retirement is:A. $0 gain or loss
B. $1,500 gain
C. $1,500 loss
D. $3,000 gain
E. $3,000 loss

Answers: 2

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A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bond...

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A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $4,500. The company calls these bonds at a price of $97,000, the gain or loss on retirement is:A. $0 gain or loss B. $1,500 gain C. $1,500 loss D. $3,000 gain E. $3,000 loss

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Another question on Business

A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $4,500. The company calls these bonds at a price of $97,000, the gain or loss on retirement is:A. $0 gain or loss
B. $1,500 gain
C. $1,500 loss
D. $3,000 gain
E. $3,000 loss