Oriole Inc. issued $5.0 million of 9-year, 796, convertible bonds on June 1, 2017 at 95 plus accrued interest. The bonds were dated April 1, 2017, with interest payable April 1 and October 1. Bond discount is amortized semi-annually. Bonds without conversion privileges would have sold at 94 plus accrued interest. On April 1, 2018, $1.25 million of these bonds were converted into 26,042 common shares. Accrued interest was paid in cash at the time of conversion but only to the bondholders whose bonds were being converted. Assume that the company follows IFRS. Prepare the entry to record the issuance of the convertible bonds on June 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit June 1, 2017 Oriole Inc. issued $5.0 million of 9-year, 796, convertible bonds on June 1, 2017 at 95 plus accrued interest. The bonds were dated April 1, 2017, with interest payable April 1 and October 1. Bond discount is amortized semi-annually. Bonds without conversion privileges would have sold at 94 plus accrued interest. On April 1, 2018, $1.25 million of these bonds were converted into 26,042 common shares. Accrued interest was paid in cash at the time of conversion but only to the bondholders whose bonds were being converted. Assume that the company follows IFRS. Prepare the entry to record the issuance of the convertible bonds on June 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit June 1, 2017