III Question 4 of 9 View Policies Current Attempt in Progress Crane Company has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1 2 On January 1, 2022. 1.000,9%, 5-year $1,000 bonds dated January 1, 2022, were issued at face value. On July 1.5875,000, 10%, 5-year bonds dated July 1, 2022, were issued at 104. On September 1, $305,000,8%, 5-year bonds dated September 1, 2022, were issued at 98. 3. Prepare the journal entries to record each bond transaction at the date of issuance. (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 Jan. 1 Cash 1000000 Bonds Payable 1000000 July Cash Bonds Payable 875,000 Premium on Bonds Payable Sept 1 v Cash Debit Credit Date Account Titles and Explanation Cash 1000000 Jan. 1 1000000 Bonds Payable July 1 Cash 875,000 Bonds Payable Premium on Bonds Payable Sept. 1 Cash Discount on Bonds Payable Bonds Payable e Textbook and Media List of Accounts Attempts: unlimited Submit Answer Save for Later Last saved 5 seconds ago will ha schitten the dandate Auto