Convertible loanForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Convertible loanThis topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts April 18, 2015 at 10:40 pm #241770 shainaMemberTopics: 14Replies: 12☆Hi Sir,If a convertible loan note is issued where there is a choice to convert to shares or take cash.I have valued the liability, ammortised the liabilty cost and now am on the double entry for both options.My question is would i need to account for both options in my financial statements?Thank you April 19, 2015 at 6:34 am #241778 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆Dr Cash Cr Loan account with discounted value of payments re the loan Cr the difference to Other Components of EquityAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In