1 10 points 03:17:11 Pretzelmania, Incorporated, issues 5%, 20-year bonds with a face amount of $59,000 for $52,181 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 particulam 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.) eBook View transaction list View journal entry worksheet Date No 1 General Journal Debit Credit January 01, 2024 Cash 52,181 Bonds Payable 52,1811 Print 2 June 30, 2024 References Interest Expense Cash