Question: am 3 Saved Help Save 8 A company issues 7%, 10-year bonds with a face amount of $80.000 on January 1, 2021. The market interest

am 3 Saved Help Save 8 A company issues 7%, 10-year bonds with a face amount of $80.000 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is also 7%. Interest is paid semiannually on June 30 and December 31 Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular transaction/event. select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction that Journal entry worksheet 1 2 Record the bond issue Note: Enter debits before credits General Journal Debit Credit Dato January 01, 2021 Record entry Clear entry View general Journal Saved Help A company issues 7%, 10-year bonds with a face amount of $80,000 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is also 7%. Interest is paid semiannually on June 30 and December 31 Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 Record the first interest payment on June 30, 2021 Note: Enter debits before credits General Journal Debit Credit Date June 30, 2021 Record entry Clear entry Vlew general Journal
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