Question 1 Company A issued convertible notes 3 years ago and accounted for them as a compound financial instrument. Complete the following: At the end of the three year period the portion of the (1) component that relates to the notes which have been converted (2). (1) (2) equity is transferred to profit & loss C (1) (2) Liability remains as a liability (1) (2) Liability is transferred to equity (1) (2) liability is transferred to profit & loss