Stonewall Corporation issued ($ 20,000) of (5 %, 10)-year convertible bonds. Each ($ 1,000) bond is convertible

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Stonewall Corporation issued $\$ 20,000$ of $5 \%, 10$-year convertible bonds. Each $\$ 1,000$ bond is convertible to 10 shares of common stock (par \$50) of Stonewall Corporation. The bonds were sold at 105 on January 1, 2020. Provide the entry for Stonewall Corporation on January 1, 2020, to record the issuance of the bonds.

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