er 9 Homework Save & Exit Help Saved Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to question 7 303 Required information Problem 9.48 Record bond issue and related interest (LO9-5) The following information applies to the questions displayed below) Viking Voyager specializes in the design and production of replies Viking boats. On January 2021, the company issues $1850,000 of 7% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9.48 Part 3 2. the market interest rate is 6%, the bonds will issue at $2.063,812. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. Of 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) Answer is not complete. Debit No Credit General Journal Date 1 2,083,812 Cash January 01, 2021 213,812 Premium on Bonds Payable Bonds Payable 1,850,000 2 June 30, 2021 Interest Expense 61.914 6,836 Premium on Bonds Payable Cash 64,750 December 31, 2021 Interest Expense 61.709 3,041 Promium on Bonds Payable Cash 64,750