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On January 1, the $3,600.000 par value bonds of Spitz Company with a carrying value of $3,600,000 are converted to 1.200,000 shares of $1 par

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On January 1, the $3,600.000 par value bonds of Spitz Company with a carrying value of $3,600,000 are converted to 1.200,000 shares of $1 par value common stock Record the entry for the conversion of the bonds View transaction list Journal entry worksheet

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