On January 1, 2021. White Water issues $560,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year Required: Assuming the market interest rate on the issue date is 6%, the bonds will issue at $560,000, 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.) View transaction list Journal entry worksheet 2 3 Record the issuance of the bond. Note: the debts before credit Date January 01, 2021 General Journal Debit Credit Record entry Clear entry View general Journal on January 1, 2021, Wine Water stuen 360.000 of os banda, ce in 20 years with interest payable annually on December 31 each year Required Assuming the market interest rate on the me date is on the bonds will issue at $560,000 Record the bond issue on January 1, 2021, and the two interest payments on December 31 , 2021 , and December 31, 2022. (if no entry is required for a particular transaction/event, select "No Journal toy Required" in the first account field) View transaction in Journal entry worksheet