Blossom Capital Ltd$.$ issued $450$$$1,000$ bonds at $101.$ Each bond was issued with $10$ detachable stock warrants. After issuance, similar

bonds were sold at $95,$ and the warrants had a fair value of $$2\mathrm{.}30.$

Your answer is partially correct.

Record the issuance of the bonds and warrants assuming that Blossom Capital follows IFRS. $($Credit account titles are automatically

indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for

the amounts. List all debit entries before credit entries.$)$

Account Titles and Explanation

Account Titles and Explanation

Bonds Payable

Debit

Credit

Contributed Surplus $-$ Stock Warrants