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On July 22, 2020, Door Corp, sold $2,500,000, 20-year, 8% bonds for $2,720,000. Each $1,000 bond has two detachable warrants, each of which permits the

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On July 22, 2020, Door Corp, sold $2,500,000, 20-year, 8% bonds for $2,720,000. Each $1,000 bond has two detachable warrants, each of which permits the purchase of one share of the corporation's common stock for $30. The stock has a par value of $25 per share. Immediately after the sale of the bonds, the corporation's securities had the following market values: Warrants Common Stock $1,026 $27 |||| $28 | What accounts should door credit to record the sale of the bonds? Bonds Payable, $2,500,000, Premium on Bonds Payable, $220,000 Bonds Payable, $2,500,000: Premium on Bonds Payable, $270,000 Bonds Payable, $2.500.000; Premium on Bonds Payable, $84,000: Paid in Capital-Stock Warrants, $136,000 Bonds Payable, $2,500,000; Premium on Bonds Payable, $65.000; Paldin Capital-Stock Warrants, $135,000

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