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8. (2 points) Bramble Corporation issued 2,000 $1,000 bonds at 102. Each bond was issued...

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Accounting

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8. (2 points) Bramble Corporation issued 2,000 $1,000 bonds at 102. 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 $50. Use the proportional method to record the issuance of the bonds and warrants. Record issuance of the bonds: Accounts Debits Credits Record issuance of the warrants: Accounts Debits Credits

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