in conv. loan notes we seperate the equity and fin liab part. but at time of maturity if all the debt holders redeem the debt what will be the journal entry.
what will happen to the previous recognised equity part.plz show the journal entry gonna be like.
and what it will be if say 50% debt holders converted into shares.
example equity is 1000
financial liablity at date of maturity is 5000
Ask the Tutor ACCA FR
convertible loan notes.
7y ago#1Hi,
You do not need to worry about this at this level, it is something that you would see at SBR level.
Thanks
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