On January 1, 2021, a company issues $750,000 of 8% bonds, due in ten years, with interest payable semiannually on June 30 and December 31 each year . Assuming the market interest rate on the issue date is 8%, the bonds will issue at $750,000 Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the bond issue on January 1, 2021. Note: Enter debits before credits General Journal Debit Credit Date January 01 2021 Record entry Clear entry View general Journal