Business, 25.03.2021 03:20 sweetiezylp8umho

When bonds are converted into common stock. a. the market price of the stock and the bonds is ignored when recording the conversion.
b. gains or losses on the conversion are recognized.
c. the market price of the stock on the date of conversion is credited to the Common Stock account.
d. the market price of the bonds on the date of conversion is credited to the Common Stock account.

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When bonds are converted into common stock. a. the market price of the stock and the bonds is ignor...

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