Question: please answer BOTH correctly and quickly. i will give thumbs up if corrwct and answer correctly Your answer is partially correct Blossom Corporation issued 1,750

Your answer is partially correct Blossom Corporation issued 1,750 $1,000 bonds at 101. Each bond was issued with one detachable stock warrant, After issuance, the bonds were selling separately at 99 . The market price of the warrants without the bonds cannot be determined. Use the incremental method to record the issuance of the bonds and warrants. (Credit occount tilles are automotically indented when (sethe incrementai method te entered. Do not indent manualiy. If no entry is required, select "No Entry" for the occount tieles and enter O for the amounts) Marigold inc declared a cash dividend of $1.3 per share on its 3 million outstanding shares The dividend was declared on August 1 . payble on September 9 to all stockholders of record on August 15. Prepare alljournal entries necessary on those three dates. (Enter answers in dollars. Credit occount tibles are automotically indented when amount is entered. Do not indent menually. If no entry is required, select "No Entry' for the occount tieles and enter 0 for the anounts.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
