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, for $50, one share of Evan's $25 par common stock. On March 1 2006, the market price of each warrant was $4.

Am i right as follows?

Cash 515,000 Bond payable 500,000
Discount 5,000 APIC for warrant 20,000

Should account for the warrant using the FV of warrant on the date it was issued.
In this case because you only have the Fair Value of the warrant, you should use the Warrant Only method to account for the transaction.

FV of Warrant = 500 (total bonds issued) X 30 (amount of warrants per bond) X$4.00 (FV)
FV Warrant = $60,000

The bonds were issued at a premium, so the proceed of the sale are for $500,000 X 1.03 = $515,000

Therefore,
Cash $515,000
Discount 45,000
Bonds Payable $500,000
APIC warrant 60,000 (FV)

Thank　you　santys72

i solved the problem.

Gagamaru