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Business, 26.07.2020 14:01 mookiejacks

The Edmonton Company is issuing $50,000 face value, 10% bonds with detachable stock warrants. The value of the bonds without the warrants is $40,000 and the value of the warrants is a total of $10,000. The bonds with the warrants sold for $55,000. The journal entry to record the sale will include:

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The Edmonton Company is issuing $50,000 face value, 10% bonds with detachable stock warrants. The va...
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