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On May 1,2014,Metro Company Has Bonds with Balances as Shown \begin{array} { | l | l | l | } \hline \quad\quad& \quad&\quad \\\hline & & \\\hline & & \\\hline & & \\\hline\end{array}

Question 39

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On May 1,2014,Metro Company has bonds with balances as shown below.  On May 1,2014,Metro Company has bonds with balances as shown below.   Metro retires the bonds for $52,000.Please provide the journal entry to retire the bonds.   \begin{array} { | l | l | l | }  \hline \quad\quad& \quad&\quad \\ \hline & & \\\hline & & \\\hline & & \\ \hline \end{array} Metro retires the bonds for $52,000.Please provide the journal entry to retire the bonds.
\begin{array} { | l | l | l | } \hline \quad\quad& \quad&\quad \\\hline & & \\\hline & & \\\hline & & \\\hline\end{array}

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Calculations: $52,000 - ($50,...

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