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Doesn't look right. my numbers are not right. please help. McIntyre Corporation issued 2, 480 $1, 700 bonds at 102. Each bond was issued with
Doesn't look right. my numbers are not right. please help.
McIntyre Corporation issued 2, 480 $1, 700 bonds at 102. Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling separately at 98. The market price of the warrants without the bonds cannot be determined. Use the incremental method to record the issuance of the bonds and warrantsStep by Step Solution
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