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The balance sheet of River Electronics Corporation as of December 31,2023, Included 10.00% bonds having...

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Accounting

The balance sheet of River Electronics Corporation as of December 31,2023, Included 10.00% bonds having a face amount of $90.8 million. The bonds had been Issued in 2016 and had a remaining discount of $3.8 million at December 31,2023. On January 1,2024, River Electronics called the bonds before thelr scheduled maturity at the call price of 104.
Required:
Prepare the Journal entry by River Electronics to record the redemption of the bonds at January 1,2024.
Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Enter your answers In whole dollars.
Answer is complete but not entirely correct.
\table[[No,Date,Genera,,bit,Credit],[1,January 01,2024,Bonds payable,O?,91x,],[,,Loss on early extinguishment,O?,8x,],[,,Discount on bonds payable,,,4O?
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