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CALCULATOR FULL SCR Question 6 On January 1, 2020, Crane Company issued $264,500, 10%, 5-year bonds at face value. Interest is payable annually on January

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CALCULATOR FULL SCR Question 6 On January 1, 2020, Crane Company issued $264,500, 10%, 5-year bonds at face value. Interest is payable annually on January 1. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is Date Account Titles and Explanation Jan 1, 2020 Debit Credit Prepare the journal entry to record the accrual of interest on December 31, 2020. (Credit account titles are automatically indented w indent manually.) Date Account Titles and Explanation Dec 31, 2020 Debit Credit non many CALCULATOR FULL SCREEN Date Dec. 31, 2020 Account Titles and Explanation Credit Prepare the journal entry to record the payment of interest on January 1, 2021. (Credit account titles are automatically indented when indent manually.) Date Account Titles and Explanation Jan. 1, 2021 Debit Credit udy. Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 4 used SAVE % Earn Maximum Points available only answer this question correctly in

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