Problem 15-02A a-c (Part Level Submission) (Video) Crane Electric sold $5,150,000, 13%, 10-year bonds on January 1, 2020. The bonds were dated January 1, 2020, and paid interest on January 1. The bonds were sold at 99. Collapse question part (a) Correct answer. Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1, 2020 enter an account title for the journal entry on January 1, 2020Entry field with correct answer enter a debit amountEntry field with correct answer enter a credit amountEntry field with correct answer enter an account title for the journal entry on January 1, 2020Entry field with correct answer enter a debit amountEntry field with correct answer enter a credit amountEntry field with correct answer enter an account title for the journal entry on January 1, 2020Entry field with correct answer enter a debit amountEntry field with correct answer enter a credit amountEntry field with correct answer Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT Attempts: 2 of 5 used Collapse question part (b) Partially correct answer. Your answer is partially correct. Try again. At December 31, 2020, $7,800 of the Discount on Bonds Payable account has been amortized. Show the balance sheet presentation of the long-term liability at December 31, 2020. (Enter account name only and do not provide descriptive information.) Crane Electric Balance Sheet (Partial) choose the accounting periodEntry field with correct answer select an opening section nameEntry field with correct answer enter a balance sheet itemEntry field with correct answer $enter a dollar amountEntry field with incorrect answer select between addition and deductionEntry field with correct answer: enter a balance sheet itemEntry field with correct answer enter a dollar amountEntry field with incorrect answer $enter a subtotal of the two previous amountsEntry field with incorrect answer Click if you would like to Show Work for this question: Open Show Work