Posted: 12 Apr 2011 at 21:07 | IP Logged
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I need to know the journal entries to record warrants that were issued to satisfy a debt. In addition to the warrants, cash was also paid, above and beyond the amount of the debt. HOw to i record this?
Also, in a few months, when I need to put a value the warrants, what are the debit/credits?
Thanks so much!
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