Business, 27.03.2020 16:41 22emilyl530

On July 1, 2021, an interest payment date, $148000 of Coronado Industries bonds were converted into 2980 shares of Coronado Industries common stock each having a par value of $45 and a market value of $56. There is $5000 unamortized discount on the bonds. Using the book value method, Coronado would record

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On July 1, 2021, an interest payment date, $148000 of Coronado Industries bonds were converted into...