1. PT Abadi has covertible bonds with 10% coupon interest and a face value of $8,000,000. This Bond convertible into 320,000 shares of common stock with a par value of $20. On August 1, 2012, the balance unamortized premium $700,000. The fair value of the common stock is $20 per share. Journalize the moment convert the bonds into shares (ignore the interest payment journal).

2. PT ABC issues convertible bonds with 10% coupon interest, with a face value of $3,000,000. The bonds were issued at an exchange rate of 97. Based on the analyst's assessment, if these bonds are not bonds, will be issued at an exchange rate of 94. Journalize the issuance of bonds.