Eisler corporation issued 2300 1000 bonds at 103 each bond


Eisler Corporation issued 2,300 $1,000 bonds at 103. Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling in the market at 99, and the warrants had a market price of $41.

Use the proportional method to record the issuance of the bonds and warrants.

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Financial Accounting: Eisler corporation issued 2300 1000 bonds at 103 each bond
Reference No:- TGS01050847

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