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On January 1,2025, Crane Company issued bonds with a face value of $510,000. The bonds carry a stated interest of 8% payable each January 1.

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On January 1,2025, Crane Company issued bonds with a face value of $510,000. The bonds carry a stated interest of 8% payable each January 1. (a) Your answer has been saved. See score details after the duc date. Prepare the journal entry for the issuance assuming the bonds are issued at 97 . (Credit account tities are dutomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts. List all debit entries before credit entries) Prepare the journal entry for the issuance assuming the bonds are issued at 102 . (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 O for the amounts. List all debit entries before credit entries.)

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