2. Show that a group G is abelian if and only if x2= e for any x in G, where e is the identity of G.

(d) Assume that the bonds matured on December 31, 2015. Burberry alter the terms such that the bonds can be converted into 7,000 shares, instead of 6,000 shares as under the original conversion terms. All bonds are converted and the market price at the date of amendment is $8 per share. Prepare the journal entry to record the induced conversions on December 31, 2013. (6%)