Exercise $9-15($Static$)$ Record bonds issued at a premium and related semiannual interest $($LO$9-5)$

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

On January $1,2024,$ White Water issues $$600,000$ of $7\%$ bonds, due in $10$ years, with interest payable semiannually on June $30$ and December $31$ each year.

Assuming the market interest rate on the issue date is $6\%,$ the bonds will issue at $$644,632.$

Exercise $9-15($Static$)$ Part $2$

$2.$ 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 final answers to the nearest whole dollar.$)$

Journal entry worksheet

$1$

$2$

$3$

Record the bond issue.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$January $01,2024,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$