entry form this options only

On January 1, 2024, Crane Ltd, a public company, purchased $666,000 of 5 -year, 8% bonds at par from Blue Corporation. Interest is received semi-annually on July 1 and January 1. Crane purchased the bonds to earn interest. At December 31,2024 , the bonds were trading at 105. (a) Your answer is correct. Prepare the journal entry to record the purchase of the bonds on January 1. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List debit entry before credit entry) Prepare any adjusting entries required at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit. entries before credit entries.)