Question: Can you please help me with 2 journal entries . Marin Corporation issued 5,300 , five year, 3% bonds at 103 on January 1,2023 ,

Can you please help me with 2 journal entries .

Marin Corporation issued 5,300 , five year, 3% bonds at 103 on January 1,2023 , Interest is paid annually, Each $1,000 bond carried one detachable warrant allowing the holder to purchase 100 common shares in Marin at $11 per share, the price at which Marin shares were trading on the day of the sale of the bonds. Similar straight bonds trading on the open market paid 6%. On June 30.2023. 1,060 of the bond hoiders exercised the options to buy the shares. Prepare the journal entries to record these events. (Round present value factor calculations to 5 decimal ploces, es. 1.25124 and the final answer to 0 decimal places es. 58,971. Credit account titles are outomatically indented when the amount is entered. Do not indent manually Record journal entries in the order presented in the problem. 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.)

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