Hilltop Company has bonds outstanding with a par value of $130,000. The unamortized premium on these bonds is $3,185. If the company retired these bonds at a call price of $128,700, the gain or loss on this retirement is: Multiple Choice $3,185 gain. $1,300 gain. $4,485 gain. $3,185 loss.
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- Company has bonds outstanding with a par value of $140,000. The unamortized premium on these bonds is $3,500. If the company retired these bonds at a call price of $137,200, the gain or loss on this retirement is: A. $2,800 gain B. $2,800 loss C. $6,300 gain D. $3,500 gain E. $3,500 lossA company has bonds outstanding with a par value of $130,000. The unamortized premium on these bonds is $3,185. If the company retired these bonds at a call price of $128,700, the gain or loss on this retirement is: Multiple Choice O O $1,300 gain. $3,185 loss. $4,485 gain.Clabber Company has bonds outstanding with a par value of $118,000 and a carrying value of $108,100. If the company calls these bonds at a price of $104,000, the gain or loss on retirement is: Multiple Choice $9,900 gain. $9,900 loss. $4,100 gain. $14,000 loss. $4.100 loss.
- A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $4,700. The company calls these bonds at a price of $97,000 the gain or loss on retirement is: Multiple Choice $0 gain or los. $3,000 gain. $1,700 gain. $3.000 loss. $1,700 loss.A company has bonds outstanding with a parvalue of $100,000. The unamortized premium on these bonds is $3,500. The company calls these bonds at a price of $102,000, :the gain or loss on retirement is loss $3,500 AO -gain $1,500 B O -gain $3,500.CO loss $1,500.DOClabber Company has bonds outstanding with a par value of $119,000 and a carrying value of $108,700. If the company calls these bonds at a price of $104,500, the gain or loss on retirement is:
- A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $4,800. The company calls these bonds at a price of $98,000 the gain or loss on retirement is:The face value of Ace Hardware Company's outstanding bonds is S400,000 and unamortized premium is $20,000. The company calls 50% of the outstanding bonds at a price of $205,000. What is the gain or loss on retirement of bonds?Bryce has $1,500,000 of bonds outstanding. The unamortized premium is $21,600. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption? O $6,600 gain O $15,000 loss O $15,000 gain O $6,600 loss 79°F Rain to
- The face value of Ace Hardware Company's outstanding bonds is $400,000 and unamortized premium is $20,000. The company calls 50% of the outstanding bonds at a price of $205,000. What is the gain or loss on retirement of bonds? a. $5,000 loss b. $25,000 gain c. $5,000 gain d. $25,000 lossChang Industries has bonds outstanding with a par value of $200,000 and a carrying value of $203,000. If the company calls these bonds at a price of $201,000, what is the gain or loss on retirement?Eros Corp. decided to go into the market to repurchase bonds before their due date. The bonds had a maturity value of $3,500,000. On the date of retirement, the balance on the Discount on Bonds Payable account was $54,700. If Eros purchased the bonds on the open market at a price of 99 to retire the bond, what is the gain or loss on the early extinguishment of the debt?