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Business, 01.10.2019 20:00 quanharris2k19

General question/exercise 14-15 bond conversion on june 30, 2019, an interest payment date, $200,000 of guadalupe. bonds were converted into shares of common stock each having a par value of $5 and a market value of $54. the conversion ratio is 25 shares of common stock for every $1,000 of bonds. there is a remaining $9,000 unamortized discount on the bonds. using the book value method, the company would record a. no change in paid-in capital in excess of par. b. an $166,000 increase in paid-in capital in excess of par. c. a $245,000 increase in paid-in capital in excess of par. d. a $9,000 increase in paid-in capital in excess of par. e. none of the above

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General question/exercise 14-15 bond conversion on june 30, 2019, an interest payment date, $200,000...
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