Question
On 1 January 2021, an entity issued convertible loan notes for $100,000. Interest is payable annually in arrears at 4%. The market rate of interest
On 1 January 2021, an entity issued convertible loan notes for $100,000. Interest is payable annually in arrears at 4%. The market rate of interest for similar loan notes with no conversion rights attached is 7%. The loan notes are redeemable on 31 December 2024. the equity component is
| 10162 | ||
| 444
| ||
| 12000
| ||
| 35,363
|
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Auditing Theory And Practice
Authors: Arun Kumar & Rachana Sharma
1st Edition
8171567207, 978-8171567201
