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39 Manning Corp has a bond on its books with a rat carrying value of...

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Accounting

39 Manning Corp has a bond on its books with a rat carrying value of 100. Specifically, the lane in deg in discount on bonds payable ts $20,000. Manning decides to payoff is burst for a redemption prix of 12 following questions 1. What is the price that Manning will pay to redeem the bond at 1027 (1 poin 2. What is the gain or loss that Manning has upon redeeming this bond? Be sure to indicate whether is gain or land the a 3. What is the journal entry Manning will record upon redeeming this bond? (2 points) For the toolbar, press ALT+F10 (PC or ALT+FN-F10 (Mac) BIUS Paragraph v Open Sans, sa Y 100t

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