Hello, I have an accounting question. Please see below, I have the correct journal entries just not the correct amounts. If you could include the method to the answers that would be very appreciated. Thanks SB

Sunland Capital Ltd. issued 800 convertible $1,000 bonds at 102. After issuance, similar bonds were sold at 98. Assume that Sunland Capital Ltd. follows IFRS and recorded the issuance of the bonds and conversion rights accordingly. On a date when the bonds had a carrying value of $788,400, Bantry paid $15,000 to the bondholders to induce early conversion. Record the conversion using the book value method. (Credit account titles are automatically indented when the 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.)

Loss on Redemption of Bond $15000

Bonds Payable

Contributed Surplus-Conversion Rights

Common Shares

Cash $15000