Exercise 15-15- Crane Company issued $520,000,6%, 20-year bends on January 1, 2020, 103. Interest is payable annually on January 1 Canese straight-ine amortiration for bond premium or discount Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Jan 1, 2020 Prepare the journal entry to record the Keral of interest and the premium amortization on December 31, 2020. (Credit accountles are automatically indented when amount is enter Do not indent manually) Account Titles and Explanation Debit Credit Dec 31, 2020 try to record Prepare the o ston 2001. are automatic a m ent. De Red Prepare the journal entry to record the accrual of Interest and the premium amortization on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 5 Date Account Titles and Explanation Dec 31, 2020 3 Prepare the journal entry to record the payment of interest Date Account Titles and teplanation Jan 1, 2021 countries are automatically Prepare the journal entry to record the redemption of the bonds maturity, assuming interest for the last interest period has been paid and recorded. Cred indented when amount is entered. Do not indent manually) Date Account Tities and Explanation Debit Jan 1, 2040 Click if you would like to show Work for this question Open AR