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The band's payable were issued on December } I {he'd and mature on December31. 20`20. The bonds pay interest on June 30 and December 31
The band's payable were issued on December } I {he'd and mature on December31. 20`20. The bonds pay interest on June 30 and December 31 . The face value ofthe bonds is $25,000,007 .The convertible bonds were issued on June 30, 2045 and for total proceeds of$ 10. 430. 000 . If the band's were not convertible, they would have yielded 3. 8%`The band's pay interest on June 30 and December & I and mature on June 3020x20. The face value of the bonds is $10. and. dog.The interest payable account decreased by $35. {` during the Year .Required-What Was management' & Estimate Of the PERCENTAGE Of Options VESting { }December 1 1 . 20x4 !' What is the compensation expense for the Year endedDecember 1 1 . 20.5 %Prepare the journal entries to make the connection for the convertible bonds.Calculate the cash paid for interest.Prepare the Cash Flow From Financing section of the Statement of Cash Flow .
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