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Darien Inc. redeemed $15,000 of its bonds at 102 on January 1. At this date,...

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Accounting

Darien Inc. redeemed $15,000 of its bonds at 102 on January 1. At this date, the unamortized discount was $2,070. Prepare the journal entry on January 1 for the bond redemption. Assume Darien has a December 31 year-end and all adjusting entries were made

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