ok Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $51,000 for $46,591 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 31. Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate computations and final answers to the nearest whole dollar amount.) ences View transaction list View journal entry worksheet No Date January 01, 2021 Cash Bonds Payable 2 June 30, 2021 Interest Expense Cash General Journal Debit Credit 46,591 46,591 2,040 1,785