2. If the market interest rate is 7%, the bonds will issue at $418,022. 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/ev select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet < 2 3 Record the first semiannual interest payment. Note: Enter debits before credits. Date General Journal Debit Credit 25 June 30, 2024 Interest Expense 14,631 Discount on Bonds Payable Cash Record entry Clear entry View general journal