Brief Exercise 9-7 Record bond issue at a discount and related semiannual interest (L09-5) Pretzelmania, Inc., issues 5%, 20-year bonds with a face amount of $50,000 for $44,221 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 6%, 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. Round your intermediate computations and final answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet 1 2 > Record the bond issue on January 1, 2021 Note Inter debit before credits Canal Journal January 01, 2021 Brief Exercise 9-7 Record bond issue at a discount and related semiannual interest (109-5) Pretzeimania, Inc. issues 5%, 20-year bonds with a foce amount of $50,000 for $44.221 an January 1, 2021. The market interest rate for bonds of similar risk and maturity is 6% Interest is paid semiannually on June 30 and December 31 Required: 1.8 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. Round your intermediate computations and final answers to the nearest whole dollar amount) View transaction list Journal entry worksheet