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PVAF (Click the icon to view the table of present-value factors for an ordinary annuity.) a. Prepare the journal entry to record the issuance of
PVAF (Click the icon to view the table of present-value factors for an ordinary annuity.) a. Prepare the journal entry to record the issuance of the convertible bonds on January 1, 2021. (Either use a financial calculator or the PVAF ta first, then credits. Explanations are not required. Leave any unused cells blank.) For your convenience Required Prepare journal entries to record: a. The issuance of the convertible bonds on January 1, 2021. b. Payment of interest and related amortization on June 30, 2021. c. Payment of interest and related amortization on June 30, 2025. d. Conversion of the bonds on July 1, 2025. Table of present-value factors for an ordinary annuity of $1 (PVAF) PVAF(i,t)=11/(1+i)t/i
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