The situations presented here are independent of each other. For each situation, prepare the appropriate journal entry for the redemption of the bonds.   Kingbird, Inc. redeemed $168,000 face value, 14.5% bonds on June 30, 2022, at 99. The carrying value of the bonds at the redemption date was $181,440. The bonds pay annual interest, and the interest payment due on June 30, 2022, has been made and recorded.      Date Account Titles and Explanation Debit Credit Jun. 30 enter an account title for the journal entry on June 30enter an account title for the journal entry on June 30

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