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Business, 18.12.2019 06:31 yolo123321

On july 1, 2018, an interest payment date, $150,000 of parks co. bonds were converted into 3,000 shares of parks co. common stock each having a par value of $45 and a market value of $54. there is $6,000 unamortized discount on the bonds. using the book value method, parks would record:

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On july 1, 2018, an interest payment date, $150,000 of parks co. bonds were converted into 3,000 sha...
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