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Use these options to answer requirement a to part d: and account for the conversion option using the zero common equity method. Bonds payable Cash

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Use these options to answer requirement a to part d:

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and account for the conversion option using the zero common equity method. Bonds payable Cash Common shares Contributed surplus - conversion option bonds Gain on conversion Interest expense Loss on conversion round all numbers to the nearest whole dollar. Record debits first, then credits. Explanations are not required. Leave any unused cells blank.) Jan. 12021 Accounts June 302021 Accounts Dute Accounts 302025 Requirement d. Prepare the journal entry to record conversion of the bonds on July 1,2025 . (Record debits first, then credits. Explanations are not required. Leave any unused cells blank.) For your convenience Table of present-value factors for an ordinary annuity of $1 (PVAF) OR PVAF(i,t)=11/(1+i)t/i where PVAF = Present Value Annuity Factor t = number of periods i = effective interest rate

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