On January 1, 2021, Crane issued 1,100, 6%, 4-year, $1,000 bonds dated January 1, 2021, at face value. Prepare the journal entry to record the bond transaction at the date of issue. (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 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 1
	(To record issuance of bonds.)