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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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This note was uploaded on 11/19/2010 for the course BUS 120 taught by Professor Michecle during the Spring '10 term at Grossmont.
- Spring '10