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On January 2, 2015 Richard Dang inc. has decided to raise additional capital by issuing $1,000,000 of 8% bonds with each bond having a face
On January 2, 2015 Richard Dang inc. has decided to raise additional capital by issuing $1,000,000 of 8% bonds with each bond having a face value of $1,000. The bonds sold at 101. There was 5 warrants attached to each bond. The bonds would normally sell at 99 without the warrants. What is the journal entry?
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