Question Completion Status QUESTION 11 10 points Ahmed Corporation issues 1,500 convertible bonds at January 1, 2019 The bonds have a three year We, and are issued at par with a face value of 500 per bond Interestis payable annually at 6 percent. Each bond is convertible into 125 ordinary shares (par value of 1). When the bonds are issued the market rate of interest for samfar delt without the conversion option is 8% Instructions First: (a) Compute the ability and equity component of the convertible bond on January 1, 2019 (b) Prepare the journal entry to record the issuance of the convertible bond on January 1, 2019 (c) Prepare the journal entry to record the conversion on January 1, 2020 (Extracted from the present value tables - 793838 257710) Second: What is the impact of transaction on the financial statement For the trobar press ALT F10 CP Or ALTEEN-F10 (Mac BIVS Paragraph Arial 14px 2 T. a 6 ++ Click Sand Storico St. SA Sarved Sun novo 1