Check out some similar questions!
Journal entry of bonds with detachable warrants [ 4 Answers ]
On August 1, 2009, Limbaugh Communications issued $30 million of 10% nonconvertible bonds at 104. The bonds are due on July 31, 2029. Each $1,000 bond was issued with 20 detachable stock warrants, each of which entitled the bondholder to purchase, for $60, one share of Limbaugh Communications’ $10...
Convertible bonds and bonds with detachable warrants [ 1 Answers ]
My question is when convertible bonds and bonds with detachable warrants are sold how much equity, if any should be recorded. Cite relevant GAAP
Detachable stock warrants [ 2 Answers ]
Hi all. I would like to know how the below is journalized dated on On March 1 2006? On March 1 2006, Evan Corp, issued $500,000 of 10% nonconvertible bonds at 103, due on Feb 28 2016. Each $1000 bond was issued with 30 detachable stock warrants, each of which entitled the holder to purchaser,...
View more Accounting questions Search