Coronado Corporation issued 2100 $1,000 bonds at 103. Each bond was issued with one detachable...
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Accounting
Coronado Corporation issued 2100 $1,000 bonds at 103. Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling separately at 98, and the warrants had a market price of $40. Use the proportional method to record the issuance of the bonds and warrants.
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