On January 1, 2018, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $520,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.

1 2018 and the- st to 2. I the market interest rate is 8%, the bonds will ssue at 475 041. Record the nd ue on Januar for a transaction event, select "No journal entry required" in the first account field.) an al interest ayments on ne 30 20 Band ecember 3 it ente requ red View transaction list Journal entry worksheet Record the bond issue Note: Enter debits before credits. Date General Journal Debit Credit lanuary 01, 2018 Record entry Clear entry iew general journal