Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers
elance-zoho-creator-exam.pdf

When bonds are converted into common stock:

the market price of the stock is considered in the entry.
the market price of the bonds is transferred to paid-in capital.
a gain or loss is recognized.
the carrying value of the bonds is transferred to paid-in capital accounts.
the face price of the bonds is transferred to paid-in capital.
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