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Required information A company issued 6% bonds, dated January 1, with a face amount of $380,000 on January 1, 2021. The bonds mature in 4 years. The market rate of interest for similar bonds was 7%. Interest is paid semiannually on June 30 and December 31. The company uses the effective interest method. The bonds issued for a price of $366,939. Use the information above to answer the questions below. Provide the journal entry for issuance of the bonds. View transaction list Journal entry worksheet 1 Provide the journal entry for issuance of the debt. Note: Enter debits before credits Account Title Debit Credit S.No Date Jan. 1. 2021 Required information A company issued 6% bonds, dated January 1, with a face amount of $380,000 on January 1, 2021. The bonds mature in 4 years. The market rate of interest for similar bonds was 7%. Interest is paid semiannually on June 30 and December 31. The company uses the effective interest method. The bonds issued for a price of $366,939. Use the information above to answer the questions below. Prepare a partial amortization table through the second interest payment Date Cash Interest Effective Interest Amortization Carrying Value 01/01/2021 06/30/2021 12/31/2021 Required information A company issued 6% bonds, dated January 1, with a face amount of $380,000 on January 1, 2021. The bonds mature in 4 years. The market rate of interest for similar bonds was 7%. Interest is paid semiannually on June 30 and December 31. The company uses the effective interest method. The bonds issued for a price of $366,939. Use the information above to answer the questions below. The journal entry for interest paid on June 30, 2021 will include a: (Click to select) debit to Interest Expense for $12,813 credit to Cash for $22,800 debit to interest Expense for $11,400 credit to Cash for $5,700