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Question 10 of 10 -/1 Tamarisk Inc. has decided to raise additional capital by issuing $185,000 face value of bonds with a coupon rate of

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Question 10 of 10 -/1 Tamarisk Inc. has decided to raise additional capital by issuing $185,000 face value of bonds with a coupon rate of 10%. In discussions with investment bankers, it was determined that to help the sale of the bonds, detachable stock warrants should be issued at the rate of one warrant for each $100 bond sold. The value of the bonds without the warrants is considered to be $126,400, and the value of the warrants in the market is $31,600. The bonds sold in the market at issuance for $150,000 (a) What entry should be made at the time of the issuance of the bonds and warrants? (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round intermediate calculations to 5 decimal places, eg. 1.24687 and final answers to decimal places, e.g. 5,125.) Account Titles and Explanation Debit Credit Cash Discount on Bonds Payable Bonds Payable Paid-in Capital-Stock Warrants (b1) Prepare the entry if the warrants were nondetachable. (Credit account titles are autdmatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round intermediate calculations to 5 decimal places, e.g. 1.24687 and final answers to decimal places, eg. 5,125.) Account Titles and Explanation Cash Debit Credit Discount on Bonds Payable Rande sushi av 09 Homework ion 10 of 10 Intermediate calculations to 5 decimal places, eg. 1.24687 and final answers to 0 decimal places, eg. 5,125.) count Titles and Explanation Debit Credit Cash Discount on Bonds Payable Bonds Payable Paid-in Capital-Stock Warrants 1) Prepare the entry if the warrants were nondetachable. (Credit account titles are automatically indented when amount is entere tindent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round Intermediate alculations to 5 decimal places, e.g. 1.24687 and final answers to 0 decimal places, eg. 5,125.) Account Titles and Explanation Debit Credit Cash Discount on Bonds Payable Bonds Payable e Textbook and Media List of Accounts

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