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View Policies Current Attempt in Progress On September 1, 2020, Crane Company sold at 104 (plus accrued interest) 3.000 of its 9%, 10-year, $1,000 face

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View Policies Current Attempt in Progress On September 1, 2020, Crane Company sold at 104 (plus accrued interest) 3.000 of its 9%, 10-year, $1,000 face value. nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one sha of common stock at a specified option price of $16 per share. Shortly after issuance, the warrants were quoted on the market for $2 each. No fair value can be determined for the Crane Company bonds. Interest is payable on December 1 and June 1. Prepare in general journal format the entry to record the issuance of the bonds. (Credit account titles are automatically indented whe amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media

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