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For each of the unrelated transactions described below, present the entry(ies) required to record the transactions. Show steps to earn partial points. Q2.Gomez Company issues

For each of the unrelated transactions described below, present the entry(ies) required to record the transactions. Show steps to earn partial points.

Q2.Gomez Company issues $9,000,000 of bonds with a coupon rate of 8%. To help the sale, detachable stock warrants are issued at the rate of ten warrants for each $1,000 bond sold. It is estimated that the value of the bonds without the warrants is $8,883,000 and the value of the warrants is $567,000. The bonds with the warrants sold at 101.

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