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Posted on Aug 08, 2024

Margolf Corp. issued 2 , 0 0 0 , $ 1 , 0 0 0 bonds at 1 0 1 . Each bond was issued

Margolf Corp. issued

2, 000,

1, 000

bonds at

101 .

Each bond was

issued with one detachable stock warrant. After issuance, the bonds

were selling in the market at

98,

and the warrants had a market

value of $

40 .

Use the proportional method to record the issuance of

the bonds and warrants

PLEASE SHOW YOUR WORK

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