Exercise 9-10A Record bonds issued at face amount and related semiannual interest (LO9-5) On January 1, 2021, White Water issues $570,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year, Required: Assuming the market interest rate on the issue date is 7%, the bonds will issue at $570,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Answer is not complete. Date General Journal Debit Credit 1 January 01, 2021 Cash Bonds Payable 570,000 NO 570,000 00