- Chapter 14 Pre-Built Problems x + C G Search Google or type a URL Chapter 14 Pre-Built Problems Seved Help Save & Exit Submit Check my work Hoffman Corporation issued $55 million of 8%, 10 year bonds at 102. Fach of the 55,000 bonds was issued with 15 detachable stock warrants, each of which entitled the bondholder to purchase, for $22. one share of $1 par common stock. At the time of sale, the market value of the common stock was $27 per share and the market value of each warrant was $8. paints Prepare the journal entry to record the issuance of the bonds. (Enter your answers in millions rounded to 1 decimal place (i.e. 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No Journal entry required" in the first account field.) Book Print View transaction list References Journal entry worksheet Record the issuance of the bonds. Nole: Enter debits before credits. Event General Journal Debit Credit v t The Realest Nissas O Type here to search general I e - DX 2. Search a @ @ NO Om # A . 3:35 PM 7/11/2019