$2$ Record the first semiannual interest payment.

$3$ Record the second semiannual interest payment.

Problem $9-5$A $($Algo$)$ Part $2$

If the market interest rate is $7\%,$ the bonds will issue at $$372,296.$ Record the bond issue on January $1,2024,$ and the

first two semiannual interest payments on June $30,2024,$ and December $31,2024.($If no entry is required for a

particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Round your answers to the

nearest dollar amount.$)$

Required information

Problem $9-5$A $($Algo$)$ Record bond issue and related interest $($LO$9-5)$

$[$The following information applies to the questions displayed below.$]$

On January $1,2024,$ Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues

$$410,000$ of $6\%$ bonds, due in $15$ years, with interest payable semiannually on June $30$ and December

$31$ each year.

Problem $9-5$A $($Algo$)$ Part $3$

If the market interest rate is $5\%,$ the bonds will issue at $$452,907.$ Record the bond issue on January $1,2024,$ and the

first two semiannual interest payments on June $30,2024,$ and December $31,2024.($If no entry is required for a

particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Round your answers to the

nearest dollar amount.$)$

$1$ Record the bond issue.

$2$ Record the first semiannual interest payment.

Record the second semiannual interest payment.