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QS 10-10 Bond retirement by stock conversion LO P4 On January 1, 2017, the $4,400,000 par value bonds of Spitz Company with a carrying value

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QS 10-10 Bond retirement by stock conversion LO P4 On January 1, 2017, the $4,400,000 par value bonds of Spitz Company with a carrying value of $4,400,000 are 2,200,000 shares of $1.00 par value common stock. Record the entry for the conversion of the bonds. Journal entry worksheet Record the retirement of bonds by stock conversion. Debit Jan 01, 2017 Next > 10 of 15

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