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Business, 31.07.2020 02:01 bgallman153p71edg

Exercise 16-9 On May 1, 2017, Skysong Company issued 2,000 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds were selling at 97, but the fair value of the warrants cannot be determined. (a) Prepare the entry to record the issuance of the bonds and warrants.

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Exercise 16-9 On May 1, 2017, Skysong Company issued 2,000 $1,000 bonds at 102. Each bond was issued...
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