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Under IFRS, when the issuance of convertible bonds is recorded the bonds are issued as straight debt with nor apportionment of the sale proceeds to
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Under IFRS, when the issuance of convertible bonds is recorded
the bonds are issued as straight debt with nor apportionment of the sale proceeds to the conversion feature
a portion of the proceeds is apportioned to the convertible feature and recorded in Discount on Bond Payable
a portion of the proceeds is apportioned to the convertible feature and recorded in Share Premium Conversion Equity
Under IFRS, companies have the option of selecting any one of these three methods.
Under IFRS, when the issuance of convertible bonds is recorded
| the bonds are issued as straight debt with nor apportionment of the sale proceeds to the conversion feature | ||
| a portion of the proceeds is apportioned to the convertible feature and recorded in Discount on Bond Payable | ||
| a portion of the proceeds is apportioned to the convertible feature and recorded in Share Premium Conversion Equity | ||
| Under IFRS, companies have the option of selecting any one of these three methods. |
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