On January 1, 2021, Vaughn Corporation issued $540,000 of 6% bonds due on January 1,2029 when the market rate was 4%. The company uses the effective interest method to amortize any bond premium or discount. The bonds pay semi-annual interest on June 30 and December 31 of every year. (a) Your answer has been saved. See score details after the due date. What is the journal entry to record the issuance of the bonds? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.) Prepare all journal entries that will be recorded by Vaughn Corporation for the 2021 year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275. List all debit entries before credit entries.)