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Crane Corporation issued 3,200, 6%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. (a) Prepare the journal

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Crane Corporation issued 3,200, 6%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Janaury 1. (b) 2022 Account Titles and Explanation List of Accounts Save for Later Debit C A Credit A Q Ac Vi Ack Qu Acc Attempts: 0 of 1 used Submit Answer

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