Question: pls solve A company issues 7%, 9-year bonds with a face amount of $60,000 for $56,201 on January 1, 2021. The market interest rate for

pls solve

$pls solve A company issues 7\%, 9-year bonds with a face amount$

A company issues 7\%, 9-year bonds with a face amount of $60,000 for $56,201 on January 1, 2021. The market interest rate for bonde of similar risk and maturity is 8%. 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 transactionievent, select "No Journal Entry Required" in the first account field.) Required: 1. \& 2. Record the bond issue and first interest payment on June 30,2021 . (1f no entry is required for a particular transactionievent. select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the first interest payment on June 30,2021. Note: Enter debits before credits

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