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(Credit account titles are automatically indented when amount is
entered. Do not indent manually. If no entry is required, select
"No Entry" for the account titles and enter 0 for the amounts.)

5)
Illiad Inc. has decided to raise additional capital by issuing
$176,300 face value of bonds with a coupon rate of 11%. In
discussions with investment bankers, it was determined that to
help the sale of the bonds, detachable stock warrants should be
issued at the rate of one warrant for each $100 bond sold. The
value of the bonds without the warrants is considered to be
$139,570, and the value of the warrants in the market is
$24,630. The bonds sold in the market at issuance for $156,000.

(a) What entry should be made at the time of the issuance of the
bonds and warrants? (Credit account titles are automatically
indented when amount is entered. Do not indent manually. If no
entry is required, select "No Entry" for the account titles and
enter 0 for the amounts.)
Account Titles and Explanation

Debit Credit

(b) Prepare the entry if the warrants were nondetachable. (Credit
account titles are automatically indented when amount is
entered. Do not indent manually. If no entry is required, select
"No Entry" for the account titles and enter 0 for the amounts.)

6)
Tweedie Company issues 10,500 shares of restricted stock
to its CFO, Mary Tokar, on January 1, 2014. The stock has a fair
value of $525,000 on this date. The service period related to this