CLOSE Question 11 Journalize the listed transactions for the years 2020 and 2022 (cord entries in the order displayed in the protestatement on accounts are De not inden manually. If netry is require selectory for the countries and enter for the same te female) Date Account and Explanation Debit Omdat Jan 1, 2020 Debeloween 3.000.000 22.09.DOC 2000 Theresivable 200.000 Interest Rever 1 2022 20 Interest Reciale To record the recept of an interest on bon 2003 Cash 1,304070 Gain on sale of Debt 13 Debt Investments (To record the sale of laverbond 0030 Interest Receivable 144000 opyright 2000-2001 by Jahr way so incredoman PM CALCULATOR PRINTUVE Question 11 Crane Carecenters Inc. provides financing and capital to the healthcare industry, with a particular focus on nursing homes for the elderly. The following selected bonds acquired as an investment by Crane, whose fiscal year ends on December 31. 2020 Jan. 1 Purchased at face value $2,898,000 of Javier Nursing Centers, Inc., 10-year, 10% bonds dated January 1, 2017, directly from Javier. Dec. 31 Accrual of interest at year-end on the Javier bonds. (Assume that all intervening transactions and adjustments have been properly recorded and that the number of bonds owned has not changed from December 3 31, 2022.) 2023 Jan. 1 Jan. 1 Dec. 31 Received the annual interest on the Javier bonds. Sold $1,449,000 Javier bonds at 108. Accrual of Interest at year-end on the Javier bonds (b) Assume that the fair value of the bonds at December 31, 2020, was $3,187,100. These bonds are dassified as available for sale securities. Prepare the adjusting entry to record these bonds at fair value. (Credit account titles are automatically indented when amount is entered. Do not indentally. If no entry is required, select "No entry for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Dec. 31. 2020 Click if you would like in Show Work for this question: Dan Show Work