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Please help me answer problems E14-25 to E14-27. Thank you! E 14-24 bonds: straight line L014_5 E 1425 IFRS; convertible bonds E 14-26 Convertible bonds;
Please help me answer problems E14-25 to E14-27. Thank you!
E 14-24 bonds: straight line L014_5 E 1425 IFRS; convertible bonds E 14-26 Convertible bonds; induced L014_S On January 2021. Textiles issued SIZ million of convertible bonds at bonds pay interest and Each S I .(XX) bond ig convenible into 40 shares Of Glesss no par similw in Ill expt tha: they Me cunently 99 (that is. Of I Of the issue as an Prepare the journal entries for Of by Gless and the purchase Of the bond by Century, Prepare the journal entries for the June 30, 2025, interest payment by Gless and Century assuming both use the straight-line no.thgd, 3, On July l, 2026, Glesss common had a priceofS33 per share, Century converted it the by Cen:wy for c of value the Required: in E 14--24. How migh: to I ftw of differ if Gle" Textilo its fmmial auxording 10 International Regxming Stzmdards! lnclude any journal entry in your response, On muuy l. 2021, S40 of 10-VM at a net of similw. at 99 (tha: is. of The pay June 30 and December 3 , EiWh S I bond is convertible 30 shares Of Madison's par common stock, Madison records interest by straight-line on June l, 2023. notified of its to the at plus mium July I. 2023_ By all to into as of intemst payment date. On June paid the interest and issued the requisite Of shares for the bonds being convened, l, prepare the for the the bonds by Madison, 2, the entry for the June 2021, payment. 3. Prepare the 30.2023. interest by Madison and the Of the bonds method), Equity 818 E 14-27 SECTION IFRS; Convertible bonds L0145. L014_7 Refer to situation described in E 1426. Requ might your solution for the issuer of the bonds differ if produce. prepares its financial according to Intematicmal Repcut.ng Include any entries In
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