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2. Titania Co. sells S400.000 of 12% bonds on June 1 . 2017. The bonds pay interest on December l and June 1The due date

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2. Titania Co. sells S400.000 of 12% bonds on June 1 . 2017. The bonds pay interest on December l and June 1The due date of the bonds is June 1, 2021. The bonds yield 10%. On October 1, 2018, Titania buys back $120,000 worth of bonds for S126,000 (includes accrued interest). Give entries through December1, 2019

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