E15-5

Swisher Company issued $2,000,000 of bonds on January 1, 2017. E15-5 Prepare entries for issuance, redemption, and conversion of bonds Instructions re the journal entry to record the issuance of the bonds if they are issued at (1o 2) e the journal entry to record the redemption of the bonds at maturity, assuming ord the redemption of the bonds before maturity at 98. d Prepare the journal entry to record the conversion of the bonds into 60,000 shares of (1) 100, (2) 98, and (3) 103. the bonds were issued at 100. Assume the balance in Premium on Bonds Payable is $9,000. $10 par value common stock. Assume the bonds were issued at par b) Prepar