Brief Exercise 16-4

Your answer is partially correct.Try again.Culver Corporation issued1,900$1,000bonds at101. Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling in the market at98, and the warrants had a market price of $38.

Use the proportional method to record the issuance of the bonds and warrants.(Credit account titles are automatically indented when 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. Round intermediate calculations to 5 decimal places, e.g. 1.24687 and final answers to 0 decimal places, e.g. 5,125.)

Account Titles and Explanation Debit Credit

I was able to figure out the

Cash 1919000

Discount on Bonds Payable ?

Bonds Payable ?

Paid-in-Captial-Stock Warrants 57000