Business, 20.02.2020 19:34, krystalhurst97

Bradley-link’s december 31, 2021, balance sheet included the following items: long-term liabilities ($ in millions) 9.6% convertible bonds, callable at 101 beginning in 2022, due 2025 (net of unamortized discount on $2) [note 8] $198 10.4% registered bonds callable at 104 beginning in 2031, due 2035 (net of unamortized discount on $1) [note 8] 49 shareholders’ equity 4 equity—stock warrants. Prepare the journal entry to record the exercise of the warrants in December 2021

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Bradley-link’s december 31, 2021, balance sheet included the following items: long-term liabilities...