Question: Tar. It does not indicate com Required information The following information applies to the questions displayed below) On January 1, 2021, Twister Enterprises, a manufacturer

 Tar. It does not indicate com Required information The following information

Tar. It does not indicate com 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 $470,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Required: 1. If the market interest rate is 8%, the bonds will issue at $470,000. 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.) Answer is not complete. No General Journal Debit Credit Date January 01, 2021 Cash Bonds Payable 470,000 2 June 30, 2021 Interest Expense Cash ol 3 December 31, 202 Interest Expense Cash

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