On January 1 , 2 0 2 5 , Bramble Corporation issued $ 3 , 6 8 0 , 0 0 0 of 1 0 year, 8 convertible debentures at 1 0 2 Interest is to de pare semiannually on June 3 0 and December 3 1 Each $ 1 , 0 0 0 debenture can be converted into 8 shares of Bramble Corporation $ 1 0 0 par value common stock after December 3 1 , 2 0 2 6 On January 1 , 2 0 2 7 , $ 3 6 8 , 0 0 0 of debentures are converted into common stock, which is then selling at $ 1 1 0 An additional $ 3 6 8 , 0 0 0 of debentures are converted on March 3 1 , 2 0 2 7 The market price of the common stock is then $ 1 1 6 Accrued interest at March 3 1 will be paid on the next interest date Bond premium is amortized on a straight line basis Make the necessary journal entries for a December 3 1 , 2 0 2 6 c March 3 1 , 2 0 2 7 b January 1 , 2 0 2 7 d June 3 0 , 2 0 2 7 Record the conversions using the book value method ( 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 0 for the

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On January 1 , 2 0 2 5 , Bramble Corporation issued $ 3 , 6 8 0 , 0 0 0 of 1 0   year, 8   convertible debentures at 1 0 2   Interest is to de pare semiannually on June 3 0 and December 3 1   Each $ 1 , 0 0 0 debenture can be converted into 8 shares of Bramble Corporation $ 1 0 0 par value common stock after December 3 1 , 2 0 2 6   On January 1 , 2 0 2 7 , $ 3 6 8 , 0 0 0 of debentures are converted into common stock, which is then selling at $ 1 1 0   An additional $ 3 6 8 , 0 0 0 of debentures are converted on March 3 1 , 2 0 2 7   The market price of the common stock is then $ 1 1 6   Accrued interest at March 3 1 will be paid on the next interest date  Bond premium is amortized on a straight   line basis  Make the necessary journal entries for  a   December 3 1 , 2 0 2 6   c   March 3 1 , 2 0 2 7   b   January 1 , 2 0 2 7   d   June 3 0 , 2 0 2 7   Record the conversions using the book value method  ( 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 0 for the

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On January 1 , 2 0 2 5 , Bramble Corporation issued $ 3 , 6 8 0 , 0 0 0 of 1 0

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