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Monis Inc. issued 1000, $1,000 bonds at 103. Each bond was issued with 2 (hw) detachable stock warrants Afer is, the bonds wing int
Monis Inc. issued 1000, $1,000 bonds at 103. Each bond was issued with 2 (hw) detachable stock warrants Afer is, the bonds wing int without the bonds cannot be determined. If Morris Inc. unes the Incremental Method to record this bond issue the jentex.disha O credit to Paid In Capital-Warrants 330,000 Ob. credit to Paid In Capital-Warrants $50,000 Oc credit to Discount on Bonds Payable $20,000 Od credit to Premium on Bonds Payable $30,000 De credit to Bonds Payable $080,000
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