On January 1, 2021, Splash City Issues $500,000 of 9% bonds, due in 20 years, with Interest payable semiannually on June 30 and December 31 each year. 1.66 points Required: Assuming the market Interest rate on the issue date is 9%, the bonds will issue at $500,000. 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.) Answer is not complete. No Date Debit January 01, 2021 General Journal Cash Bonds Payable Premium on Bonds Payable Credit 549.482 500.000 49.482 X 2 June 30, 2021 21.979 X Interest Expense Cash Premium on Bonds Payable 22.500 OOO OOO O 521 x December 31, 202 Interest Expense 21.958 542 X Premium on Bonds Payable Cash 22.500 X