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    Accounting Study Set 2
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    Exam 11: Long-Term Liabilities, Bonds Payable, and Classification of Liabilities on the Balance Sheet
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    On October 15, 2013, Rural Sales Has a Bond with Balances
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On October 15, 2013, Rural Sales Has a Bond with Balances

Question 90

Question 90

Essay

On October 15, 2013, Rural Sales has a bond with balances as shown below.
On October 15, 2013, Rural Sales has a bond with balances as shown below.    Rural Sales retires the bonds for $82,000. Please provide the journal entry to retire the bonds.   Rural Sales retires the bonds for $82,000. Please provide the journal entry to retire the bonds.
On October 15, 2013, Rural Sales has a bond with balances as shown below.    Rural Sales retires the bonds for $82,000. Please provide the journal entry to retire the bonds.

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