On January 1, 2021, White Water issues $460,000 of 5% bonds, due in 15 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $415,326. 2. Record the bond issue on January 1, 2021, and the first two interest payments on December 31, 2021, and December 31, 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Answer is not complete. General Journal Debit Credit 415,326 44,674 460,000 No 1 Date January 01, 2021 Cash Discount on Bonds Payable Bonds Payable 2 December 31, 202 Interest Expense 23,000 Discount on Bonds Payable Cash 3 December 31, 202 Interest Expense Discount on Bonds Payable Cash 0 23,000 46,000