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Journal entries for the bond issue, first semi annual interest payment and second semi annual interest payment please Required information [The following information applies to

Journal entries for the bond issue, first semi annual interest payment and second semi annual interest payment please
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Required information [The following information applies to the questions displayed below.] On January 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. 3. If the market interest rate is 7%, the bonds will issue at $621,216. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30,2024, and December 31, 2024. (If no entry is required for a particular transaction/event, sclect "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Note: Enter debits berore creors

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