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Pearl Corporation issued 2 , 0 0 0 $ 1 , 0 0 0 bonds at 1 0 1 . Each bond was issued with
Pearl Corporation issued $ bonds at Each bond was issued with one detachable stock warrant. After issuance, the
bonds were selling in the market at and the warrants had a market price of $
Use the proportional method to record the issuance of the bonds and warrants. Credit account titles are automatically indented when
amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. Round
your answers to decimal places, eg
Account Titles and Explanation
Debit
Credit
Cash
Discount on Bonds Payable
Bonds Payable
Paidin CapitalStock Warrants
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