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The Edmonton Company is issuing $50,000 face value, 10% bonds with detachable stock warrants. The value of the bonds without the warrants is $45,000 and
The Edmonton Company is issuing $50,000 face value, 10% bonds with detachable stock warrants. The value of the bonds without the warrants is $45,000 and the value of the warrants is a total of $5,000. The bonds with the warrants sold for $49,000. The journal entry to record the sale will include: Select one: a. A debit to Discount on Bonds Payable for $5,000 O b. A debit to Discount on Bonds Payable for $5,900 A debit to Discount on Bonds Payable for $6,000 d. A credit to Paid-in-Capital Stock Warrants for $4,000 O e. A credit to Paid-in-Capital Stock Warrants for $5,000 O c
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