On May 1, 2020, Crane Corp. issued CHF560,000, 12\%, 5-year bonds at face value. The bonds were dated May 1, 2020, and pay interest annually on May 1. Financial statements are prepared annually on December 31. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are outometically indented when amount is entered. Do not indent manually.) Prepare the adjusting entry to record the accrual of interest on December 31. 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal ploces, e.8. 5,675.) eTextbook and Media List of Accounts Show the statement of financial position presentation on December 31, 2020. (Enter account nome only and do not provide descriptive information. Round answers to 0 decimal places, e.s. 5,675.) Prepare the journal entry to record payment of interest on May 1, 2021. (Credit account titles are automatically indented when amount is entered, Do not indent manually. Round answers to 0 decimal places, e. . 5,675.) eTextbook and Media List of Accounts Prepare the adjusting entry to record the accrual of interest on December 31. 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, es. 5,675.) Prepare the adjusting entry to recora the accruat or interest on vecember 31 , 2UZ1. ICreat account tities are automaticanty indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,675.) eTextbook and Media Assume that on January 1, 2022, Crane pays the accrual bond interest and calls the bonds. The call price is 104. Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,675.)