A company issued $500,000 of 12%,51,000 face amount bonds with one detachable A credit of $10,000 was

Fantastic news! We've Found the answer you've been seeking!

Question:

A company issued $500,000 of 12%,51,000 face amount bonds with one detachable A credit of $10,000 was made to pald-In-capital stock warrantsEach warrant granted the option to buy one share of par value common stock for per share. If one half of these warrants are exercised when the market price is $110 per share, the journal entry record the transaction include a C. d Credit to common stock at par for $30,000 to paid in capital in excess of par for 20,000 in capitalstock warrants for $5,000 Credit to paid in capital in excess of par for $10,000