www.w Current Attempt in Progres For each of the unrelated tramactions described below, pement the entries required to recond each transaction 1 Kingbind Corpsed $22,000,000 par value 10% convertible bonds at 97, the bonds had not been convert the company's investment banker Dtimates they would have been sold at 95 2 2. Oriole Company issued $22.000.000 par value 50% bonds at 96. One detachable stock purchase warrant was issued with each $100 par value bont. At the time of issuance, the warrants were selling for $4 Suppose Sepracor Inccated its convertible debt in 2005 Assume the following related to the transaction. The 11% $10.300.000 par value bonds were converted into 1.000.000 shares of $1 par value common stock on July 1, 2025 On July 1 there was $55,000 of amortized discount applicable to the bonds, and the company paid an additional $60,000 bondholders to induce conversion of all the bonds. The company records the conversion using the book value method debt entries before credit entries Credit account titles are automatically indented when amount is entered. Do not indent manually f no entry is quired, select "No Entry for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit