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i need help with the jornal entries Required information [The following information applies to the questions displayed below.) On January 1. Year 1, a company

i need help with the jornal entries image text in transcribed
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Required information [The following information applies to the questions displayed below.) On January 1. Year 1, a company issues $480,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $447,385 2. Record the bond issue on January 1, Year 1, and the first two semiannual interest payments on June 30, Year 1, and December 31, Year 1 (i no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Roun your intermediate and final answers to the nearest whole dollar) View transaction fiest Journal entry worksheet

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