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NWUAX Combo Hout + Wiley.com/en/detinchide50201-3452-4061-1425-15078741300 - / 10 Question 9 of 10 > View Policies...

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Accounting

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NWUAX Combo Hout + Wiley.com/en/detinchide50201-3452-4061-1425-15078741300 - / 10 Question 9 of 10 > View Policies Current Attempt in Progress Blossom Corporation has outstanding 2,000 $1.000 bonds, each convertible into 60 shares of $10 par value common stock. The bonds are converted on December 31, 2020, when the namortized discount is $38.200 and the market price of the stock is $21 per share Record the conversion using the book value approach. (Credit account titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Attempts of used Are 30 DU DO :8 & . @ 2 $ 4 3 6 00 8 9 W w E R T Y p U 0 S D F G H J K

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