on laury 1 Exercise -7 On January 1, Crane Company issued 301,000.79.15-year bonds at face value. Interests payable a Prepare a tabular summary to record the following events (a) The i nce of the bonds (b) The accrual of interest on December 31 (c) The payment of rest on (lansaction ply in the wind fee s macam for these in front of the amount entered for the particular Asset, Liability or Bonds Pay. Interest Pay Retained Earnings Dividend (a) lan. I (h) Dec. 31