prepare journal entries

The balance sheet for Crane Company reports the following information on July 1,2025. Crane decides to redeem these bonds at 106 after paying annual interest. Prepare the joumal entry to record the redemption on July 1. 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the occount tities and enter o for the amounts.)