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homework 10 - On January 1 2009 the $1,000,000 par value...

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Question 1: Score 1/1 Your response Correct response QS 10-7: Bond retirement by stock conversion L.O. P4 On January 1, 2009, the $1,000,000 par value bonds of Staten Company with a carrying value of converted to 500,000 shares of $1.00 par value common stock. Record the entry for the conversi (Omit the "$" sign in your response.) Date General Journal Jan. 1 2009 Bonds Payable (17%) Common Stock (17%) Paid-In Capital in Excess of Par Value (17%) QS10_7_id4 QS10_7_id6 QS 10-7: Bond retirement by stock conversion L.O. P4
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Unformatted text preview: On January 1, 2009, the $1,000,000 par value bonds of Staten Company with a carrying value of converted to 500,000 shares of $1.00 par value common stock. Record the entry for the conversi (Omit the "$" sign in your response.) Date Jan. 1 2009 Bonds Payable Common Stock Paid-In Capital in Excess of Par Value QS10_7_id4 QS10_7_id6 Question 2: Score 1/1 Your response Correct response QS 10-9: Bond features and terminology L.O. A2 Select the appropriate item for the given...
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