On January 1 2018, white water issues S580 000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Required: Assuming the market interest rate on the issue date is 5%, the bonds will issue at $580,000. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 3D, 2018, and December 31, 2018. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) r..1 Import a new list 1 Record the bond issue. Record the first semiannual interest payment. 3 Record the second semiannual interest payment. Credit 5.695 Note:-journal entry has been entered Record entry Clear entry View general journal