Use the Following Information for Questions

question 45

Multiple Choice

Use the following information for questions.
On May 1, 2012, Marly Co.issued $500,000 of 7% bonds at 103, which are due on April 30, 2022.Twenty detachable stock warrants entitling the holder to purchase for $40 one share of Marly's ordinary shares $15 par value, were attached to each $1,000 bond.The bonds without the warrants would sell at 96.On May 1, 2012, the fair value of Marly's shares was $35 per share and of the warrants was $2.
-On May 1, 2012, Marly should credit Share Premium-Share Warrants for

• A)$20,600
• B)$35,000
• C)$20,000
• D)$15,000

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Definitions:

Symmetrical Pattern

A design or arrangement where elements are evenly spaced and mirror each other across a central axis, creating balance and harmony.

Visual Patterns

Repeated visual elements or designs that can be recognized and understood as a part of visual learning or communication.

Multicolumn Design

Multicolumn design refers to a layout style in documents or webpages where content is divided into two or more vertical columns, enhancing readability and spatial organization.

Visual Pattern

A recognizable and repeatable configuration or arrangement of visual elements, such as shapes, colors, or forms.