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General Accounting Discussions: what the liability account retired bonds payable

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  1.  
    • CommentAuthoraccount
    • CommentTimeNov 15th 2007
     
    my name is eric and i would like to know what retired bonds payable is and what funds go into the equity account additional paid in capital
    thank you.
    • CommentAuthorneo
    • CommentTimeNov 15th 2007
     
    Retired bonds are bonds already settled or paid. I think it's the the bond premium during retirement that will go to APIC.

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