The Audit of the Bonds Payable Show 3 Types of Bonds: All 3 Bonds have the Same Information: 5,000 pcs of Bonds Par Value is 1,000 Maturity Period is 10 Years Nominal Interest 12% Effective Rate with Equity Component 9% Effective Rate Ex Warrant 10%

How much is the Issue Price of the Bonds Assuming they were issued as a Compound Financial Instrument?

How much is the Equity Component of the Bonds Assuming they were issued as a Compound Financial Instrument?

Bond 1 Term -Semi Annual Date of Issuance Jan 1 2021 Date of Acquisition - Sept 1, 2021 Type: Compound Financial Instrument How much is the Cash Proceeds of the Bonds at the Date of Acquisition? How much is the Carrying Amount of the Bonds at December 31,2021

Bond 2 Term -Quarterly Date of Issuance Jan 1 2021 Type: Financial Liability Date of Acquisition - Jan 1, 2021 How much is the Cash Proceeds of the Bonds at the Date of Acquisition?

Bond 3 Term -Annually Date of Issuance Jan 1 2021 Date of Acquisition - Jan 1, 2021 Type: Compound Financial Liability The Equity Component Allows the Conversion of Bonds to 40,000 Ordinary Shares of Stock, with a Par Value of 100 Each How much is the Cash Proceeds of the Bonds at the Date of Acquisition? The Client then Converted half of the bonds in Dec 31,2025 How much is the Total Credit to Equity Due to the Conversion? Note that the FMV of the shares of stock at the date of conversion is 150 each The Client then Converted half of the bonds in Dec 31,2025 Note that the FMV of the shares of stock at the date of conversion is 150 each How much is the Gain or Loss on conversion at the date of conversion? How much is the Carrying Amount of the Bonds as of Dec 31,2025 after conversion After Conversion the Client then Retired the rest of the bonds, how much is the Gain or Loss on the retirement of the bonds? Additional Notes: Retirement Price - 105 FMV of Bonds Ex Equity Component- 98 FMV of Bonds with Equity Component - 101