Crane Ltd. sold Rs3,700.000,7%, 10-year bonds on January 1, 2020. The bonds were dated January 1, 2020 and pay interest annually on January 1. Crane Company uses the straight-line method to amortize bond premium or discount. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2020, assuming that the bonds sold at 104. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit > Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2020, assuming that the bonds are sold at 98. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Show statement of financial position presentation for the bonds at December 31, 2020. (Enter account name only and do not provide descriptive information.) Crane Company Statement of Financial Position (Partial) Premium > Rs > Rs Crane Company Statement of Financial Position (Partial) Discount Rs Rs