Please I need help with CASH and PREMIUM ON BONDS PAYABLE. Thank you.

On January 1,2015, when its $30 par value commen stock wa: sething for 580 per share, a corporation issued 510 milich of 14% convertiole detenties dus in to years. The conversion option allowed the holder of each $1,000 bond to convet it into six shares of the compratien's $00 par value common stock. Whe debechureu the present vilue and the amount paid is atheutable to the conversion feature. On January 1,2016, the corporisions 530 par vahe common steck wis sctir 3 for their conversion options, The corporation uses the straight-line methed for amorizing any bond discounts or premiums Required: 1 Prepare the joumal entry to record the anginat issuance or the convercile debentures 2. Prepare the joumal entry to record the exercise or the conversion opson, using the bcok value method Prepare the journal enty to record the onginat issuance or the converible debentures on Janvary 1,2015 Adkitional instiction How does sradins work