On May 1, 2010, Barkley Company issued 3,360 $1,000 bonds at102. Each bond was issued with one detachable stock warrant.Shortly after issuance, the bonds were selling at 98, but themarket value of the warrants cannot be determined.

(a)	Prepare the entry to record the issuance of thebonds and warrants.

(b)	Assume the same facts as part (a), except that thewarrants had a fair value of $20. Prepare the entry to record theissuance of the bonds and warrants