in part second there is not an option of retained earning

Trilium Gold Incs December 31, 2020. adjusted trial balance shows the following Account Description Bonds payable, convertible Premium on bonds payable Balance $1,050,000 14,000 'Assume normal balances 12 Required: 1. What is the carrying value of the bonds on December 31, 2020? 2 The bonds were converted into 105.000 .common shares on January 1, 2021 Journalize the enuy assuming the market value per common share on this date was $9.10