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

 Required information Problem 9-5B (Algo) Record bond issue and related interest

Required information Problem 9-5B (Algo) 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, 2024, the company issues $1,840,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9.5B(Algo) Part 3 3. If the market interest rate is 6%, the bonds will issue at $1,976,873. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30,2024 , and December 31, 2024. (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.)

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