Question: Required information Problem 9-4B Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.) Viking Voyager specializes in the


Required information Problem 9-4B Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.) Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2021, the company issues $1,860,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-4B Part 2 2. If the market interest rate is 8%, the bonds will issue at $1,699,184. 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.) X Answer is not complete. No Date General Journal Debit Credit 1 January 01, 2 Cash Discount on Bonds Payable Bonds Payable So 2 o June 30, 202 Interest Expense Discount on Bonds Payable Cash 3 December 31 Interest Expense so Discount on Bonds Payable Cash Required information Problem 9-4B Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.) Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2021, the company issues $1,860,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-4B Part 3 3. If the market interest rate is 6%, the bonds will issue at $2,042,284. 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.) Answer is not complete. No Date General Journal Debit Credit 1 > January 01, 2 Cash Premium on Bonds Payable Bonds Payable 2 June 30, 202 Interest Expense Premium on Bonds Payable Cash 3 December 31 Interest Expense >S Premium on Bonds Payable Cash
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