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Current Attempt in Progressi Crane Corporation issued 3,200, 6%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1.

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Current Attempt in Progressi 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. Account Titles and Explanation Debit Credit (b) 2022 List of Accounts Save for Later Attempts: 0 of 1 used Submit Answer

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