On January 1, 2020, Legoria Co. issued $30 million of 10% nonconvertible bonds at 106. The bonds are due on December 31, 2033. Each $1,000 bond was issued with 20 detachable stock warrants, each of which entitled the bondholder to purchase, for $60, one share of Legoria Co.'s no par common stock. The market price for the warrants is $8 per warrant. 1. Prepare the journal entry at 1/1/2020 to record this transaction. + 2. Compare and contrast the accounting for a Convertible Bond and the Non- convertible Bond that included detachable stock warrants