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2 0 Part 2 of 2 Required information (The following information applles to the questions displayed below.) mo Doints Super Splash issues $970,000, 7% bonds

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2 0 Part 2 of 2 Required information (The following information applles to the questions displayed below.) mo Doints Super Splash issues $970,000, 7% bonds on January 1, 2021, that mature in 20 years. The market interest rate for bonds of similar risk and maturity is 6%, and the bonds issue for $1,082,107. Interest is paid semiannually on June 30 and December 31 2. & 3. Record the issuance of the bonds on January 1, the interest payments on June 30, 2021, and December 31, 2021. (if no jour entry is required for a particular transaction, select "No Journal Entry Required" in the first account field. Round your answers the nearest dollar amount.) Answer is not complete. General Journal No 1 Credit Dato January 01, 2021 Cash Bonds Payable Debit 1.082, 107 1,079,089 2 June 30, 2021 32.463 Interest Expense Bonds Payable Cash 3 32,419 December 31, 202 Interest Expense Bonds Payable Cash

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