education.wiley.com Safari File < > Edit View History Bookmarks Window Help B No Coats-... M Your on... f Washin... Files M Inbox (3... Corpora... Homework Chapter 16 Question 1 of 8 < > Wed Mar 8 12:38 PM corpora... Home G... Homew WP NWP As... WP NWP As... -/6 Splish Corporation has outstanding 2,400 $1,000 bonds, each convertible into 50 shares of $10 par value common stock. The bonds are converted on December 31, 2020, when the unamortized discount is $37,200 and the market price of the stock is $21 per share. Record the conversion using the book value approach. (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 O for the amounts.) Account Titles and Explanation eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: 0 of 3 used Submit Answer + Posta