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Question 4 of 19 - /20 E Pina Inc. has decided to raise additional capital by issuing $176,000 face value of bonds with a coupon

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Question 4 of 19 - /20 E Pina Inc. has decided to raise additional capital by issuing $176,000 face value of bonds with a coupon rate of 11%. 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 $130,500, and the value of the warrants in the market is $14,500. The bonds sold in the market at issuance for $157,500. (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, eg. 5,125.) Account Titles and Explanation Debit Credit (61) Prepare the entry of the warrants wore nordetachable. (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, es 5.125) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Ans Suvefur Later

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