Crane Company issued $1,730,000 of bonds on January 1, 2020. (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds if they are issued at (1) 100, (2) 97, and (3) 105. (Credit ac not indent manually.) No. Account Titles and Explanation Debit Credit (1) Cash 1730000 Bonds Payable 1730000 (2) cash 1678100 Discount on Bonds Payable 51900 Bonds Payable 1730000 (3) Cash 1816500 Bonds Payable 1730000 Premium on Bonds Payable 86500 (b) Prepare the journal entry to record the redemption of the bonds at maturity, assuming the bonds were issued at 100. (Credit acc entered. Do not indent manually.) Account Titles and Explanation Debit Credit