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Sweet Company issued $9,000,000 par value 5% bonds at 99. One detachable stock purchase warrant was issued with each $100 par value bond. At the
Sweet Company issued $9,000,000 par value 5% bonds at 99. One detachable stock purchase warrant was issued with each $100 par value bond. At the time of issuance, the warrants were selling for $2. (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.) Debit Credit Account Titles and Explanation Cash Discount on Bonds Payable 8.910.000 40.000 Bonds Payable 9,000,000 Paid-in Capital-Stock Warrants 200
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