urnal entry for April 1, 2021 bond conversion?

Wildhorse Co. issued $575,500 of 5-year, 5% bonds at 98 on January 1, 2020. The bonds pay interest annually.

Marigold Corporation issued 2,100, ten year, 7% bonds for 104 on January 1, 2020. Interest is paid annually. Each $1,000 bond carried a detachable warrant allowing the holder to purchase 280 common shares in Marigold at $7 per share, the price at which Marigold shares were trading on the day of the sale of the bonds. Similar straight bonds trading on the open market paid 10%. On June 30, 2020, 105 of the bond holders exercised the options to buy the shares.Prepare the journal entries to record these events.

Jaenda Inc. issued $5,000,000 of convertible 5-year bonds on July 1, 2020. The bonds provide for 6% interest payable semiannually on January 1 and July 1. The discount in connection with the issue was $120,000, which is being amortized monthly on a straight-line basis.The bonds are convertible after one year into 15 shares of Volker Inc.'s $1 par value common stock for each $1,000 of bonds.On October 1, 2021, $600,000 of bonds were turned in for conversion into common stock. Interest has been accrued monthly and paid as due. At the time of conversion, any accrued interest on bonds being converted is paid in cash. Instructions Prepare the journal entries to record the conversion, amortization, and interest in connection with the bonds as of the following dates. (Round to the nearest dollar.) a.   October 1, 2021. (Assume the book value method is used.) b.   October 31, 2021. c.   December 31, 2021, including closing entries for end-of-year.