On August 1, 2017, Alpha company retired a $10000 bond at 105. On july 31, 2017 ALpha had accrued the interest payment for $250. At the date of retirement, the unamoritzed discount on the bonds was $400.
On August 1, 2017, Alpha company retired a $10000 bond at 105. On july 31, 2017 ALpha had accrued the interest
payment for $250. At the date of retirement, the unamoritzed discount on the bonds was $400. Use this information to prepare the General Journal entry to record the retirement & accrued interest payment of the bond. ( Round all dollar values to the nearest whole dollar.)
Please show me the work so I can figure out how to do it as well as what the right answer is.
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