a. Ahmed company issued $4,000,000 par value, 7% convertible bonds at 99 for cash. The net present value of the debt without the conversion feature is $3,800,000. Prepare the journal entry to record the issuance of the convertible bonds. b. Paul corporation has outstanding 2000 $1000 bonds, each convertible into 50 shares of $ 10 par value ordinary shares. The bonds are converted on Dec. 31, 2019. The bonds payable has a carrying value of $1,950,000 and the conversion equity of $20,000. Record the cctiversion using the book value method. C. Peter corporation issued 2,000 shares of $10 par value ordinary shares upon conversion of 1,000 shares of $50 par value preference shares. The preference shares were ordinary issued at $60 per share. The ordinary shares are trading at $26 per share at the time of conversion. Record the conversion of the convertible preference shares. an. 1,2019 (the date of the grant), Lamia Corporation issues 2,000 restricted shares to its executives The fair value of these shares is $ 75,000, and their par value is $10,000 The shares are forfeited if the executives do not complete 3 years of employment with the company. Prepare the journal entry on Jan. 1, 2019 and on Dec. 31,2019 assuming the service period is 3 years. le At December 31, 2019 and 2020, Maher Com had C. using the book value method. Peter corporation issued 2,000 shares of $10 par value ordinary shares upon conversion of 1,000 shares of $50 par value preference shares. The preference shares were ordinary issued at $60 per share. The ordinary shares are trading at $26 per share at the time of conversion. Record the conversion of the convertible preference shares. an. 1,2019 (the date of the grant), Lamia Corporation issues 2,000 restricted shares to its executives. The fair value of these shares is $ 75,000, and their par value is $10,000 The shares are forfeited if the executives do not complete 3 years of employment with the company. Prepare the journal entry on Jan 1, 2019 and on Dec. 31,2019 assuming the service period is 3 years. At December 31, 2019 and 2020, Maher Corp. had 180,000 ordinary shares and 10,000 shares of 5%, $100 par value cumulative preference shares outstanding. No dividends were declared on either the preference or ordinary shares in 2019 or 2020. Net income for 2019 was $400,000. Compute Maher's 2019, earnings per share. e. A B