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ANSWER PART B PLEASE Crane Company issued $440,000,15-year, 4% bonds at 96 . (a) Your answer is correct. Prepare the journal entry to record the

ANSWER PART B PLEASEimage text in transcribedimage text in transcribed

Crane Company issued $440,000,15-year, 4% bonds at 96 . (a) Your answer is correct. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Suppose the remaining Discount on Bonds Payable was $10,560 on December 31,2027 . Show the balance sheet presentation on this date

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