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Prepare the lournal entry to record payment of interest on May 1.2023. ICredit occount titles are outomatically indented when amount is entered Do not indent

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Prepare the lournal entry to record payment of interest on May 1.2023. ICredit occount titles are outomatically indented when amount is entered Do not indent manuallyd On May 1, 2022, Crane Corp. issued $560,000,12%,5-year bonds at face value. The bonds were dated May 1, 2022, and pay interest annually on May 1. Financial statements are prepared annually on December 31

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