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Question 4: Sergei Company issued $400,000 of bonds on January 1, 2017. Prepare the journal...

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Question 4: Sergei Company issued $400,000 of bonds on January 1, 2017. Prepare the journal entry to record the redemption of the bonds before maturity at 102. Assume the balance in discount on Bonds Payable is $4,000. 10

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