Kingbird Corporation issued 1,800 $1,000 bonds at 103. Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling in the market at 99, and the warrants had a market price of $33. Use the proportional method to record the issuance of the bonds and warrants

Account Titles and Explanation Debit Credit Cash Discount on Bonds Payable Bonds Payable 1800000 aid-in Capl