Question: Your answer is partially correct. On September 1 , 2 0 2 5 , Bonita Company sold 9 , 6 0 0 of its 1
Your answer is partially correct.
On September Bonita Company sold of its year, $ face value, nonconvertible bonds with detachable stock warrants at Each bond carried three detachable warrants. Each warrant was for one share of common stock at a specified option price of $ per share. Shortly after issuance, the warrants were quoted on the market for $ each. No market value can be determined for the Bonita Company bonds. Interest is payable on December and June
Prepare in general journal format the entry to record the issuance of the bonds. Credit account titles are automatically indented when amount is entered. Do not indent manually, If no entry is required, select No Entry" for the ciccount titles and enter O for the amounts. List all debit entries before credit entries.
Account Titles and Explanation
Debit
Credit
Cash
Bonds Payable
Paidin CapitalStock Warrants
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