Tamarisk Inc. has decided to raise additional capital by issuing $$170,000$ face value of bonds with a coupon rate of $11\%.$ In discussions with investment bankers, it was determined that to help the sale of the bonds, detachable stock warrants should be issued at the rate of one warrant for each $$100$ bond sold. The value of the bonds without the warrants is considered to be $$134,100,$ and the value of the warrants in the market is $$14,900.$ The bonds sold in the market at issuance for $$142,500.$

$($a$)$ What entry should be made at the time of the issuance of the bonds and warrants? $($List debit entry before credilt entry. Creditt account titles are automatically indented when amount Is entered. Do not indent manually. If no entry Is required, select $"$No Entry" for the account tittles and enter $0$ for the amounts. Round Iitermedlate calculations to $5$ decimal places, eg$.1\mathrm{.}24687$ and final answers to $0$ decimal places, e$.$g$.5,125.)$

Account Titles and Explanation

Deblt

Credit

$($b$1)$ Prepare the entry if the warrants were nondetachable. $($List all debit entries before credit entries. 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 tittes and enter O for the amounts. Do not round intermedtate calculations. Round answers to $0$ decimal places, eg$.5,125.)$

Account Tities and Explanation

Deblt

Credit