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For each of the unrelated transactions described below, present the entry(ies) required to record each transaction. 1. Grand Corp. issued 99 $20,000,000 par value
For each of the unrelated transactions described below, present the entry(ies) required to record each transaction. 1. Grand Corp. issued 99 $20,000,000 par value 10% convertible bonds at If the bonds had not been convertible, the company's investment banker estimates they would have been sold at Account Title Account Title Account Title 95 Account Title Account Title $20,000,000 Expenses of issuing the bonds were $70,000 2. Hoosier Company issued One detachable stock warrant was issued with each of issuance, the warrants were selling for Account Title Account Title Account Title Account Title Text title Text title Text title Amount Amount Amount Amount Amount par value 10% bonds at 98 $100 $4 par value bond. At the time Amount Amount Amount Amount Formula Formula Formula
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