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Pearl Corporation issued 2,000 $1,000 bonds at 101. Each bond was issued with one detachable...

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Accounting

Pearl Corporation issued 2,000 $1,000 bonds at 101. Each bond was issued with one detachable stock warrant. After issuance, the
bonds were selling in the market at 98, and the warrants had a market price of $43.
Use the proportional method to record the issuance of the bonds and warrants. (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 0 for the amounts. Round
your answers to 0 decimal places, e.g.5,125.)
Account Titles and Explanation
Debit
Credit
Cash
2020000
Discount on Bonds Payable
Bonds Payable
Paid-in Capital-Stock Warrants
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