Question: Multiple Choice Question 61 If bonds with a face value of $154000 are converted into common stock when the carrying value of the bonds is
Multiple Choice Question 61 If bonds with a face value of $154000 are converted into common stock when the carrying value of the bonds is $139000, the entry to record the converssion will include a debit to Bonds Payable for $139000. Bonds Payable equal to the market price of the bonds on the date of conversion. O Discount on Bonds Payable for $15000. OBonds Payable for $154000. Onen Show Work Click if you would Ilike to Show Work for this question: O C
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