Question: Pretzelmania, Inc., issues 5%, 10-year bonds with a face amount of $59,000 for $59.000 on January 1 2021. The market interest rate for bonds of

Pretzelmania, Inc., issues 5%, 10-year bonds with a face amount of $59,000 for $59.000 on January 1 2021. The market interest rate for bonds of similar risk and maturity is 5%. 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.) View transaction ist Journal entry worksheet Record the issuance Note Enter deats before credits Credit January 01, 2021 1992000 Record entry Clowntry Vienaru

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