Exercise 10-11 Crane Company issued $460,000, 15-year, 5% bonds at 99. Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation Credit Jan. 1 Cash 455400 Discount on Bonds Payable 4600 Bonds Payable 460000 LINK TO TEXT Suppose the remaining Discount on Bonds Payable was $2,760 on December 31, 2022. Show the balance sheet presentation on this date. CRANE COMPANY Balance Sheet (Partial) Current Assets Click if you would like to Show Work for this question: Open Show Work VIDEO APPLTED SKILLs