View Policies Current Attempt in Progress If bonds with a face value of $154000 are converted into common stock when the carrying value of the bonds is $136000, the entry to record the conversion will include a debit to O Discount on Bonds Payable for $18000. O Bonds Payable equal to the market price of the bonds on the date of conversion. O Bonds Payable for $154000. O Bonds Payable for $136000. Save for Later Attempts: 0 of 1 used Submit