On January 1, 2008, the $2,000,000 par value bonds of Spitz Company with a carrying value of

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On January 1, 2008, the $2,000,000 par value bonds of Spitz Company with a carrying value of $2,000,000 are converted to 1,000,000 shares of $1.00 par value common stock. Record the entry for the conversion of the bonds.

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Financial Accounting Information For Decisions

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Authors: John J. Wild

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On January 1, 2008, the $2,000,000 par value bonds of Spitz Company with a carrying value of

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Financial Accounting Information For Decisions

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