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Record the issuance of the bonds and warrants

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Question - Blossom Corporation issued 1,900 $1,000 bonds at 103. 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 $ 43. Use the proportional method to record the issuance of the bonds and warrants.

Reference no: EM133059584

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