Nbsprecord the entry for the conversion of the


On January 1, 2013, the $2,000,000 par value bonds of Spitz Company with a carrying value of $ 2,000,000 are converted to 1,000,000 shares of $1.00 par value common stock. Record the entry for the conversion of the bonds.

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Accounting Basics: Nbsprecord the entry for the conversion of the
Reference No:- TGS01196608

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