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IUI IUDICIS L., Hot Top mulbple cholce questions), you need to show your work. To...

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IUI IUDICIS L., Hot Top mulbple cholce questions), you need to show your work. To be awarded points for problems (ie., not for multiple choice questions), you need to show your work. Good luck with the exam! Question 21 10 pts On November 3, 2020, AOC issued $400,000 of 8% bonds at 102. Attached to each $1,000 bond are 10 detachable stock warrants. On the issuance date, the bonds without the warrants sell in the market at 99 per bond, and the fair value of the warrants is $5.21 per warrant. Use the appropriate method to allocate the proceeds from the bond issuance, and prepare the journal entry to record the issuance. Please complete your answer on a separate piece of paper, then take a picture of your solution or scan it in, and upload the file below. Make sure you show all your work!! Upload Choose a File March 5 A A & P W MacBook

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