Question: Current Attempt in Progress Sunland Inc. issued $ 3 million of 1 0 - year, 9 % convertible bonds on June 1 , 2 0

Current Attempt in Progress
Sunland Inc. issued $3 million of 10-year, 9% convertible bonds on June 1,2023, at 98 plus accrued interest. The bonds were dated
April 1,2023, with interest payable April 1 and October 1. Bond discount is amortized semi-annually. Bonds without conversion
privileges would have sold at 97 plus accrued interest.
On April 1,2024, $0.75 million of these bonds were converted into 15,000 common shares. Accrued interest was paid in cash at the
time of conversion. Assume that the company follows IFRS. 3.5275% and final answers to 0 decimal places, e.g.5,275. List all debit entries before credit entries.
Current Attempt in Progress Sunland Inc. issued $

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