On July 1, 2017, Advocate Company exercises an $4,400 call option (plus par value) on its outstanding bonds that have a
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On July 1, 2017, Advocate Company exercises an $4,400 call option (plus par value) on its outstanding bonds that have a
Company exercises an $4,400 call option (plus par value) on its outstanding bonds that have a carrying value of $228,200 and par value of $220,000. The company exercises the call option after the semiannual interest is paid on June 30, 2017. Record the entry to retire the bonds. View transaction list
On July 1, 2017, Advocate