Question: Parsons Corporation issued 3 000 1 000 bonds at 98 Each bond

Parsons Corporation issued 3,000 €1,000 bonds at 98. Each bond was issued with one detachable share warrant. At issuance, the net present value of the bonds without the warrants was €2,910,000. Prepare the journal entry to record the issuance of the bonds and the share warrants.


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  • CreatedJune 17, 2013
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