For each of the unrelated transactions described below, present the entries required to record each transaction.

1.BrambleCorp. issued $20,400,000par value9% convertible bonds at98. If the bonds had not been convertible, the company's investment banker estimates they would have been sold at 95.

2.SunlandCompany issued $20,400,000par value9% bonds at97. One detachable stock purchase warrant was issued with each $100 par value bond. At the time of issuance, the warrants were selling for $4.

3.SupposeSepracor, Inc.called its convertible debt in 2017. Assume the following related to the transaction. The10%, $9,900,000par value bonds were converted into990,000shares of $1 par value common stock on July 1, 2017. On July 1, there was $51,000of unamortized discount applicable to the bonds, and the company paid an additional $68,000to the bondholders to induce conversion of all the bonds. The company records the conversion using the book value method.

(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

No. Account Titles and Explanation Debit Credit

1 Cash 18360000 This number is wrong

Discount on bonds payable 20400000 This number is wrong

Bonds payable 20400000

2 Cash 18360000 This number is wrong

Discount on bonds payable 28560000 This number is wrong

Bonds Payable 20400000

Paid in capital stock warrants 816000

3 Bonds payable 9900000

Debt conversion expense 68000

Discount on bonds payable 51000

Common stock 990000

Paid in capital in excess of par-common stock 89450000 This number is wrong

Cash 860000 This number is wrong