Question

When a bond is issued with detachable stock warrants the journal ntry to record the sale will contain a crerdit to?

Answer 1

Answer:

When detachable warrants are issued, allocate the proceeds from the sale of a debt instrument with detachable warrants between the two items, based on their free-standing relative fair values on the issuance date.

Answer 2

a bond is issued with detachable stock warrants the journal ntry to record the sale

Credit C/S and APIC to create these accounts. ... (a) Borrow a Convertible bond (issue convertible bond) .