Hoffman Corporation issued $65 million of 9%,10-year bonds at 106. Each of the 65,000 bonds...
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Hoffman Corporation issued $ million of year bonds at Each of the bonds was issued with detachable stock warrants, each of which entitled the bondholder to purchase, for $ one share of $ par common stock. At the time of sale, the market value of the common stock was $ per share and the market value of each warrant was $ Prepare the journal entry to record the issuance of the bonds. Note: Enter your answers in millions rounded to decimal place ie should be entered as If no entry is required for a transactionevent select No journal entry required" in the first account field. 
Hoffman Corporation issued $ million of year bonds at Each of the bonds was issued with detachable stock warrants, each of which entitled the bondholder to purchase, for $ one share of $ par common stock. At the time of sale, the market value of the common stock was $ per share and the market value of each warrant was $
Prepare the journal entry to record the issuance of the bonds.
Note: Enter your answers in millions rounded to decimal place ie should be entered as If no entry is required for a transactionevent select No journal entry required" in the first account field.
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