Novak Corporation issued $2,000$ $$1,000$ bonds at $103.$ Each bond was issued with one detachable stock warrant. After issuance, the

bonds were selling in the market at $99,$ and the warrants had a market price of $$44.$

Use the proportional method to record the issuance of the bonds and warrants. $($List all debit entries before credit entries. Credit account

titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles

and enter $O$ for the amounts. Do not round intermediate calculations. Round your answers to $0$ decimal places, e$.$g$.5,125.)$

Account Titles and Explanation

Debit

Credit