Question: pls answer Current Attempt in Progress Pechstein Corporation issued 2.000 shares of $10 par value common stock upon conversion of 1,000 shares of 50 par

pls answer

Current Attempt in Progress Pechstein Corporation issued 2.000 shares of $10 par value common stock upon conversion of 1,000 shares of 50 par value preferred stock. The preferred stock was originally issued at $60 per share. The common stock is trading at $26 per share at the time of conversion Record the conversion of the preferred stock (Credit account titles are automotically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Current Attempt in Progress Eisler Corporation issued 2,000 $1,000 bonds at 101 Each bond was issued with one detachable stock warrant. After Issuance, the bonds were selling in the market at 98, and the warrants had a market price of $40. Use the proportional method to record the issuance of the bonds and warrants. (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 for the amounts. Round your answers to decimal places, eg. 5,125) Account Titles and Explanation Debit Credit e Textbook and Media

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