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16-6 53. During 2xx1, Gordon Company issued at xxx three hundred, $xxxx bonds due in ten years. One detachable stock warrant entitling the holder to purchase xx shares of Gordons common stock was attached to each bond. At the date of issuance, the market value of the bonds, without the stock warrants, was quoted at 96. The market value of each detachable warrant was quoted at $xx. What amount, if any, of the proceeds from the issuance should be accounted for as part of Gordons stockholders' equity?

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On May 1, 2xx1, Payne Co. issued $xxx,000 of x% bonds at xxx, which are due on April 30, 2x10. Twenty detachable stock warrants entitling the holder to purchase for $xx one share of Paynes common stock, $xx par value, were attached to each $xxxx bond. The bonds without the warrants would sell at xx. On May 1, 2xx1, the fair value of Paynes common stock was $35 per share and of the warrants was $x.

16-7 55. On May 1, 2xx1, Payne should credit Paid-in Capital from Stock Warrants for

16-8 23. When a bond issuer offers some form of additional consideration (a sweetener) to induce conversion, the sweetener is accounted for as a(n)

16-9 37. The date on which total compensation expense is computed in a stock option plan is the date