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Crane Company issues $1.4 million 10 year, 9% bonus at 97, with interest payable on December 31. The straight line methods uned to amortire bond

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Crane Company issues $1.4 million 10 year, 9% bonus at 97, with interest payable on December 31. The straight line methods uned to amortire bond discount (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit accounts are automatically indented when amontonand Do not inden mand Date Account Titles and Explanation Jan. 1 Debit Credit

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