On January 1, 2021. White Water issues $590,000 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 $590,000. 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.) View transaction list Journal entry worksheet