Brief Exercise 15-13 a-b Crane Inc. issues $2,500,000, 5-year, 14% bonds at 104, with interest payable annually on January 1, The straight-line method is used to amortize bond premium. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS LINK TO TEXT repare the adjusting journal entry to record interest expense and bond premium amortization on December 31, 2020. (Credit account tites are automatically indented when amount is entered. Do not indent manuallyj Date Account Titles and Explanation Dec. 31 Debit Credit