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bruary 1, 2020, Pamela Weaver Inc. (PW) issued 12%, $1,900,000 bonds for $2,200,000, PWI retired all of these bonds on J
Posted: Sun Jul 03, 2022 1:13 pm
by answerhappygod
- Bruary 1 2020 Pamela Weaver Inc Pw Issued 12 1 900 000 Bonds For 2 200 000 Pwi Retired All Of These Bonds On J 1 (23.48 KiB) Viewed 15 times
bruary 1, 2020, Pamela Weaver Inc. (PW) issued 12%, $1,900,000 bonds for $2,200,000, PWI retired all of these bonds on January 1, 2021, at 104. Unamortized bond premium on that date was $197,600. How much gain or loss should be recognized on this bond retirement? Multiple Choice O $264,000 gain 50 gain. $121,600 gain $228.000 gain