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Posted on Jun 07, 2024

Spring Corp. issued convertible bonds on January 1 , 2 0 2 2 . Par value of bonds issued $ 2 5 , 0 0

Spring Corp. issued convertible bonds on January

1, 2022 .

Par value of bonds issued $

25, 000, 000

Issue price

98

Stated rate

10 %

Please make the entry to record the issuances of the bond

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