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On January 1, 2021, White Water issues $420,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31

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On January 1, 2021, White Water issues $420,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Required: Assuming the market interest rate on the issue date is 6%, the bonds will issue at $420,000. 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.) X Answer is not complete. No Date General Journal Debit Credit 1 January 01, 2021 No Transaction Recorded 2 June 30, 2021 No Transaction Recorded 3 December 31, 202 No Transaction Recorded

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