Dial Co. has issued $5,000 bonds that are convertible into 150 shares of common stock...
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Accounting
Dial Co. has issued $5,000 bonds that are convertible into 150 shares of common stock (par value $30). At the time of conversion on January 1, 2019, the unamortized bond premium was $120. Dial should record, as a result of this conversion, a credit to Paid-in Capital in Excess of Par of
Group of answer choices
$730.
$120.
$620.
$330.
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