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C Provision for long service leave 10 points Save Ape QUESTION 13 XYZ Ltdy listed on the Australian Stock Exchange, ised $10 million of convertible

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C Provision for long service leave 10 points Save Ape QUESTION 13 XYZ Ltdy listed on the Australian Stock Exchange, ised $10 million of convertible notes on 1 July 2021. The notes had a four-year term and were issued at a face value of $1 per note. Interest was payal ily 30 Jt at 7% per aan. Each ute was convertible at the option of the holder into one ordinary share on or before matarity. On 1 July 2021, the market interest rate for similar nites without a coor optice www. per anmm The fiscal year end of XYZ LA is 30 June REQUIRED Your stamply with 445 132 Financial Instruments Disclosure and Presentation and A4SB 9 Financial instruments. 1. Prepare a journal entry to record the issue of the convertible notes on 1 July 2021. 2. Prepare journal entries to record the payments of interest to note holders on 30 June 2022. 1. Assame fast all of the ootes are converted into ordinary shares at the end of the year ending 30 June 2022 (following the interest payment). Prepare a journal entry to record the conversion of notes into ordinary Round to the nearest dollar amoent. Show all workings. No narration is required. ACT-N10 (Mac C Provision for long service leave 10 points Save Ape QUESTION 13 XYZ Ltdy listed on the Australian Stock Exchange, ised $10 million of convertible notes on 1 July 2021. The notes had a four-year term and were issued at a face value of $1 per note. Interest was payal ily 30 Jt at 7% per aan. Each ute was convertible at the option of the holder into one ordinary share on or before matarity. On 1 July 2021, the market interest rate for similar nites without a coor optice www. per anmm The fiscal year end of XYZ LA is 30 June REQUIRED Your stamply with 445 132 Financial Instruments Disclosure and Presentation and A4SB 9 Financial instruments. 1. Prepare a journal entry to record the issue of the convertible notes on 1 July 2021. 2. Prepare journal entries to record the payments of interest to note holders on 30 June 2022. 1. Assame fast all of the ootes are converted into ordinary shares at the end of the year ending 30 June 2022 (following the interest payment). Prepare a journal entry to record the conversion of notes into ordinary Round to the nearest dollar amoent. Show all workings. No narration is required. ACT-N10 (Mac

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