CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXTH Briel Exercise 10-11 The balance sheet for Oriole Company reports the following information on July 1, 2017 ORIOLE COMPANY Balance Sheet (partial) Long-term liabilities Bonds payable $2,500,000 Less: Discount on bonds payable 56,250 $2,443,750 Orlole decides to redeem these bonds at 103 after paving annual interest Prepare the lournal entry to record the redemption on July 1, 2017. (Credit account titles are autosatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 1 Click if you would like to Show Work for this question Open Show Wrk N 1007 AM 7/18/2019 rch

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