term Liabilities ( k Saved Help Save Pretzelmania, Incorporated, issues 7%, 15-year bonds with a face amount of $57,000 for $62,586 on January 1, 2024. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31. Required: 1. & 2. Record the bond issue on January 1, 2024 and first interest payment on June 30, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round final answers to the nearest whole dollar.) 30 View transaction list Journal entry worksheet mces < 1 2 Record the bond issue on January 1, 2024. Note: Enter debits before credits Date General Journal Debit Credit > erm Liabilities ezto.mheducation.com Saved Help Save & Exit Sub Pretzelmania, Incorporated, issues 7%, 15-year bonds with a face amount of $57,000 for $62,586 on January 1, 2024. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31. Required: 1. & 2. Record the bond issue on January 1, 2024 and first interest payment on June 30, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round final answers to the nearest whole dollar.) View transaction list Journal entry worksheet < 1 2 Record the bond issue on January 1, 2024. Note: Enter debits before credits. Date January 01, 2024 General Journal Debit Credit >