Calculate according to the liability and capital components

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Question - PT Awinoto circulated 2000 Convertible Bonds in early January 2017. The bonds have an estimated value of 5 years with a par value on the face value of Rp. 2000 / bonds, for which the total amount is Rp. 4,000,000. Interest is paid annually at 5%. Each bond will be converted into shares with each bond becoming 250 common shares (par value of Rp. 500). When the bonds are issued, the value at market price is 8%.

Required -

A. Calculate according to the liability and capital components of convertible bonds (Convertible Bonds) at the beginning of January 2017.

B. Keep a journal to record when the convertible bonds were issued in early January 2017.

C. Keep a journal on the cash purchase of convertible bonds on January 1, 2022, after the maturity date.

Reference no: EM132871749

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