Required Information Problem 9-4A Record bond issue and related interest (LO9-5) (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 $510,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-4A Part 1 Required: 1. If the market interest rate is 7%, the bonds will issue at $510,000. 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 Journal entry worksheet 2 3 Record the bond issue. Required Information Problem 9-4A Record bond issue and related interest (LO9-5) (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 $510,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-4A Part 2 2. If the market interest rate is 8%, the bonds will issue at $475,345. 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. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet