Business, 31.12.2019 03:31 alvaradolm9723

Patrick rach international issued 5% bonds convertible into shares of the company's common stock. rach applies u. s. gaap. upon issuance, patrick rach international should record:

-the proceeds of the bond issue as part debt and part equity
-the proceeds of the bond issue entirely as debt
-the proceeds of the bond issue entirely as equity
-the proceeds of the bond issue entirely as debt if the bonds are mandatorily redeemable

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Patrick rach international issued 5% bonds convertible into shares of the company's common stock. ra...