Question: Help Save Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $64,000 for $58.467 on January 1, 2021 The market interest rate for

Help Save Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $64,000 for $58.467 on January 1, 2021 The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 26 Dints 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 answer nearest whole dollar amount.) Skipped View transaction list eBook Journal entry worksheet Record the bond issue. rences Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021 Record entry Clear entry View general journal

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