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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education