uly 1, 2019 - Titan issued $300,000 of 5%, 20 year term, annual bonds with...

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Accounting

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uly 1, 2019 - Titan issued $300,000 of 5%, 20 year term, annual bonds with a premium for $310, ecord the sale of the bonds issued by Titan Co. Interest to be paid each June 30. for cash premium on BIP bonds pay 216922 16922 OOOC For December 31, 2019: provide the adjusting entry for these bonds including amortization For June 30, 2020: provide the entry to record the payment of the bond interest, the related intere appropriate amortization

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