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On August 1, 2025, Crane Company acquired 1080,$1000,10% bonds at 96 plus accrued interest The bonds were dated May 1 , 2025, and mature on

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On August 1, 2025, Crane Company acquired 1080,$1000,10% bonds at 96 plus accrued interest The bonds were dated May 1 , 2025, and mature on April 30,2030, with interest paid each October 31 and April 30. The bonds will be added to Crane's available-for sale portfolio. The entry to record the purchase of the bonds on August 1,2025 is

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