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If bonds with a face value of $136000 are converted into common stock when the carrying value of the bonds is $127000, the entry to
If bonds with a face value of $136000 are converted into common stock when the carrying value of the bonds is $127000, the entry to record the conversion will include a debit to Bonds Payable for $127000. O Bonds Payable equal to the market price of the bonds on the date of conversion. Discount on Bonds Payable for $9000. O Bonds Payable for $136000
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