The balance sheet for Crane Consulting reports the following information on July 1, 2021 Non-current liabilities Bonds payable, 4%, due 2024 $1.146,800 The face value of these bonds is $1,220,000. Crane decides to redeem these bonds at 103 after paying annual interest. Prepare the jouroal entry to record the redemption on July 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Date Account Titles and Explanation Credit July 1 Debit (To record redemption of bonds) Search for anything