The proceeds from a bond issued with detachable share warrants should be accounted for A. entirely as bonds payable B. entirely as shareholders’ equity C. partly as unearned revenue and partly as bonds payable D. partly as liability for bonds payable and partly as shareholders’ equity for the warrants.

The proceeds from a bond issued with detachable share warrants should be accounted for A. entirely as bonds payable B. entirely as shareholders’ equity C. partly as unearned revenue and partly as bonds payable D. partly as liability for bonds payable and partly as shareholders’ equity for the warrants.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 15MC: Stockholders equity consists of which of the following? A. bonds payable B. retained earnings and...

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