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On January 1 , 2 0 2 4 , Splash City issues $ 4 8 0 , 0 0 0 of 7 % bonds, due

On January 1,2024, Splash City issues $480,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year.
Required:
Assuming the bonds issue for $480,000, 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, select "No Journal Entry Required" in the first account field.)\table[[No,Date,Genera,,Debit,Credit],[1,January 01,2024,Cash,0,513,600x,],[,Premium on Bonds Payable,,,33,600
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