A company issues 7%,10-year bonds with a face amount of $90,000 for $96,695 on Jariany 1,2024. The maket intweut rate for bonds of similar risk and maturity is 6x. Interest is paid semiannualy on June 30 and becember 31 . Required: 1. \& 2. Record the bond issue and first interest poyment on June 30,2024. of no entry is required for a particular tranuactionicrent, nearest dollar amount.) Journal entry worksheet 2 Recond the bond issue. Note: Enter debits before credits: A company issues 7%,10-year bonds with o foce amount of $90,000 tor $96.695 on January 1, 2024, The maneet interest rune for bonds of similar risk and maturity is 6X. Interest is paid semlannualy on June 20 end December 31 . Required: 1. \& 2. Record the bond issue and first interest payment on June 30, 2024. Uf no entry lis required for a particular transactionievent, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Pound your anawers to the nearest dollar amount.) Journal entry worksheet Record the first interest payment on June 30, 2024. Note: Enter debits before credits