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Check Hoffman Corporation issued S65 million of 5%, 20-year bonds at 104. Each warrants, each of which entitled the bondholder to purchase, for $26, one

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Check Hoffman Corporation issued S65 million of 5%, 20-year bonds at 104. Each warrants, each of which entitled the bondholder to purchase, for $26, one share of $1 par common market value of the common stock was $31 per share and the market value of each warrant was $4 of the 65,000 bonds was issued with stock. At the time of sale, the 15 detachablie stack Prepare the journal entry to record the issuance of the bonds. (Enter your answers in millions rounded to f 5 500,000 should be entered as 5.5 tfno entry is required fora tre sector event select "No jo rnalemy reo reri, diecimall piece lie oped account field.) View transaction list ook rint ences Journal entry worksheet

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