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hi, main stuff in first two and last one theee. please go through the entries c TR15-6 Warrants (LO 15-3) Shurwood ttd. issued 5,180,00010%,10-year, nonconvertible
hi, main stuff in first two and last one theee. please go through the entries
TR15-6 Warrants (LO 15-3) Shurwood ttd. issued 5,180,00010%,10-year, nonconvertible bonds with detachable warrants for $5,300,000. Shortly after issuance, the warrants trode for $312,000 in total, and the bonds were trading at 86 , or $5.130.000, ex-warrants (le, without warrants attached) Required: 1. Provide the journal entry to record the transactions. (Round the intermediate calculations to one decimol place and Round the finol onswers to nearest dollor amount. If no entry is required for d transoction/event, select "No journal entry required" in the first occount field.) 2. Provide the joumal entry to record the first payment of interest on the convertible bond assuming that the bonds pay interest annually. Effective interest rate is 10.59%. (Round percent answers to two decimal ploces of percentoge and Round the final answers to nearest dollar amount. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the issue of the non convertible bonds. Note: Enter debits before credits. Journal entry worksheet Record the first interest payment. Note: Enter debits before credits c
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