A company issues 5%, 10-year bonds with a face amount of $90,000 for $83.307 on January 1, 2021. 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 and first interest payment on June 30, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) 00:59.49 View transaction list Journal entry worksheet