Question 9 Not yet answered Marked out of 2 Flag question IN 1/1/2024 Company has issued 1.5%, 5 years convertible bonds (every $80 bonds can be convert for one ordinary share) at $6000000 and received the amount cash, interest at every December 31, the interest market rate was2%, in the date of issued the company: OA. debit cash 5858591 OB. credit premium warranties 141,408 O c. credit bonds payable 6,000,000 OD. debit premium warranties 141408

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter10: Long-term Liabilities
Section: Chapter Questions
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Question 9
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IN 1/1/2024 Company has issued 1.5%, 5 years convertible bonds (every $80 bonds can be convert for one ordinary
share) at $6000000 and received the amount cash, interest at every December 31, the interest market rate
was2%, in the date of issued the company:
OA. debit cash 5858591
OB. credit premium warranties 141,408
O c. credit bonds payable 6,000,000
OD. debit premium warranties 141408
Transcribed Image Text:Question 9 Not yet answered Marked out of 2 Flag question IN 1/1/2024 Company has issued 1.5%, 5 years convertible bonds (every $80 bonds can be convert for one ordinary share) at $6000000 and received the amount cash, interest at every December 31, the interest market rate was2%, in the date of issued the company: OA. debit cash 5858591 OB. credit premium warranties 141,408 O c. credit bonds payable 6,000,000 OD. debit premium warranties 141408
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