record the bond issue Jan 01, 2021

record the first semiannual interest payment June 30 2021

record second semiannual interest payment. Dec 31,2021

Required information [The following information applies to the questions displayed below) On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $540,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Required: 1. If the market interest rate is 7%, the bonds will issue at $540,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list X Record the bond issue. 2 Record the first semiannual interest payment. 3 Record the second semiannual interest payment. Credit Note: = journal entry has been entered Record entry Clear entry View general journal