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10 On March 1, 2020, Yarmouk Company issued 5,000 bonds for 98 face values 1,000 KD). Each bond was issued with one detachable share warrant.

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10 On March 1, 2020, Yarmouk Company issued 5,000 bonds for 98 face values 1,000 KD). Each bond was issued with one detachable share warrant. Each warrant provides the option to buy one ordinary share for 15 KD (1 KD par value). The fair value of the bonds on March 1, 2020, was 2,540,000 KD. Required: 1. Prepare the entry to record the issuance of the bonds and warrants Account Titles Debit Credit 10.00 F Flag questie e 2 Prepare the entry to record the exercise of half the warrants. Account Titles Debit Credit . MacRook

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