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Bradley-Link's December 31, 2024, balance sheet included the following items: Note B: Bonds (in part) The 9.0% bonds were issued in 2011 at 94.0 to

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Bradley-Link's December 31, 2024, balance sheet included the following items: Note B: Bonds (in part) The 9.0% bonds were issued in 2011 at 94.0 to yleid 10% interest is paid semiannually on June 30 and December 31 . Each $1,000 bond is convertible into 50 shares of the Company's no par common stock. The 98% bonds were issued in 2015 at 105 to yieid 10%. Interest is paid semiannually on June 30 and December 31 Each $1,000 bond was istued with 50 detachable stock warrants, each of which entities the holder to purchase one share of the company's no par common stock for $30, beginning 2025 On January 3,2025, when Bradiey-Link's common stock had a market price of $37 per share. Eradiey-link called the convertible bonds to force conversion. Ninety percent were converted; the remainder were ocquired ot the call price. When the common stock price resched an oll-tme high of $42 in December of 2025,40% of the warrants were exercised Required: 1. Prepare the jounal entries that were recorded when each of the two bond issues was originally sold in 2011 and 2015 2. Prepare the journal entry to record (book value method) the conversion of 90% of the convertible bonds in January 2025 and the retirement of the remainder 3. Assume Bradiey-Link induced conversion by offering $160 cash for each bond converted. Prepare the journal entry to record (book value method) the conversion of 90% of the convertiole bonds in January 2025 4. Assume Bradiey-Link induced conversion by moditying the conversion ratio to exchange 55 shares for each bond rather than the 50 shares provided in the contract. Prepare the joumal entry to record (book value method) the conversion of 90% of the convertible bonds in january 2025 5. Prepare the journal entry to record the exercise of the warrants in December 2025 . Complete this question by entering your answers in the tabs below. Prepare the journal entries that were recorded when each of the two bond issues was originally sold in 2011 and 2015. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e, 10,000,000 should be entered as 10 ) rounded to the nearest whole number: Journal entry worksheet Record the bond issue that was originally sold in 2011. Noter f ntar debit berore aredits. Complete this question by entering your answers in the tabs below. Prepare the journal entries that were recorded when each of the two bond issues was onginally sold in 2011 and 2015 , Wote: If tio entry is reguired for a trastsactionlevent, select "No foumal entry required" in the first account field, Enter your artshers in milions (L,5,10,000,000 should be entered as 10) rounded to the nearest whole number. Journal entry worksheet Recocd the bond issue that was oniginally sold in 2015. Wine tute dedes befure unatz Complete this question by entering your answers in the tabs below. Prepare the joumal entry to record (book value method) the conversion of 90% of the convertible bonds in January 2025 and the retirement of the remainder. Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field, Enter your answers in millions rounded to 1 decimal place (Le., 5,500,000 should be entered as 5.5 ) Show less a Journal entry worksheet Record the conversion of 90% of the convertible bonds. Noke Enter detuta before and: Complete this question by entering your answers in the tabs below. Prepare the journal entry to record (book value method) the conversion of 90% of the convertible bonds in January 2025 and the retirement of the remainder. Note: If no entry is required for a transaction/event, select "No foumal entry required" in the first account field, Enter your answers in millions rounded to 1 decimal place (i.e,, 5,500,000 should be entered as 5.5) Journal entry worksheet Record the retirement of the remainder bonds. Note; Friter drbits belforet geredis Complete this question by entering your answers in the tabs below. Assume Bradley-Link induced conversion by offering $160 cash for each bond converted. Prepare the journal entry to record (book value method) the conversion of 90% of the convertible bonds in January 2025. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5) Show less 4 Journal entry worksheet Record the conversion of 90% of the convertible bonds. Notej Enter debits befoce crectits: Complete this question by entering your answers in the tabs below. Assume Bradley-Link induced conversion by modifying the conversion ratio to exchange 55 shares for each bond rather than the 50 shares provided in the contract. Prepare the journal entry to record (book value method) the conversion of 90% of the corvertible bonds in January 2025 . Note: If no entry is required for a transactionvevent, select "No joumal entry required" in the first account field, Enter your answers in millions rounded to 1 decimal place (i.e, 5,500,000 should be entered as 5.5) Journal entry worksheet Record the conversion of 90 te of the convertible bends. Note. Inter getilis fualore cundits Complete this question by entering your answers in the tabs below. Prepare the joumal entry to record the exercise of the warrants in December 2025 : Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field, Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5,5) Journal entry worksheet

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