Crane Company issued $2,350,000 of bonds on January 1, 2020. Prepare the journal entry to record the issuance of the bonds if they are issued at (1) 100, (2) 95, and (3) 105.

Your answer is surrect. Prepare the journal anty to record the Iszuance of the band if they are suede (1) 900, (2; 95, and (3) 105. (Credit account tities are automatically Indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit Tash 2,350,000 Bands Payable 2,350,000 (2) Cash 2,232,500 Discount on Bonds Payable 117,500 Bandie Payable 2,950,000 133 Cash 2,467,500 Premium on Bonds Payable 117,500 Bonds Payable 2.350,000 Frepare the journal artry to record the redemption of the bonds at matitty, assuming the bonds were issued at :00(Credit account titles are automatically indented when amount is entored. Do not indent manually.) Account Tides and Explanation Dobit Credit Bands Payable 2,350,000 Caah 2.350,000 your answer is partial correct. Try again Prepare the journal erty to record the reception the bands before maturity at 95. Assume the balance in Premium an Berde payable is $4,150. (Credit count title are automatically indented when mount is entered. Do not Indent manually.) Account Titles and Explanation Debit Credit Bonds Payable 2,350,000 Premium on Bonds Payable 0.150 Cash 2.350,000 Discount on Bonds Payabia 8.-50