E11-14 Presented below and on the next page are three independent situations.

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Presented below and on the next page are three independent situations.

1. Sigel Corporation retired $130,000 face value, 12% bonds on June 30, 2008, at 102.The carrying
value of the bonds at the redemption date was $117,500.The bonds pay semiannual interest,
and the interest payment due on June 30, 2008, has been made and recorded.

2. Diaz Inc. retired $150,000 face value, 12.5% bonds on June 30, 2008, at 98.The carrying value
of the bonds at the redemption date was $151,000.The bonds pay semiannual interest, and the
interest payment due on June 30, 2008, has been made and recorded

3. Haas Company has $80,000, 8%, 12-year convertible bonds outstanding. These bonds were
sold at face value and pay semiannual interest on June 30 and December 31 of each year.The
bonds are convertible into 30 shares of Haas $5 par value common stock for each $1,000
worth of bonds. On December 31, 2008, after the bond interest has been paid, $20,000 face
value bonds were converted. The market value of Haas common stock was $44 per share on
December 31, 2008.

Instructions
For each independent situation above, prepare the appropriate journal entry for the redemption
or conversion of the bonds.