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Category > Business & Finance Posted 02 Aug 2017 My Price 7.00

Titania Co. sells $400,000 of 12% bonds

Titania Co. sells $400,000 of 12% bonds on June 1, 2010. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2014. The bonds yields 10%. On October 1, 2011, Titania buys back $120,000 worth of the bonds for $126,000 (includes accrued interest). Give the entries through December 31, 2012

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Status NEW Posted 02 Aug 2017 05:08 PM My Price 7.00

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