On January 1, 2021. White Water issues S600,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each yoar Required Assuming the market interest rate on the issue date 8 7% the bonds will issue at $600,000. 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 partkular transaction/event, select "No Joumal Entry Required" in the first account field.) Vlow transaction et Journal entry worksheet 3 Record the issuance of the bond. Sote detits here I Date General Journal Debit Credit January 01, 2021 Foncord entry Cient entry Viewer journal On January 1, 2021. White Water Issues $600,000 of 7% bonds, due in 10 years, with Interest payable annually on December 31 each year. Required Assuming the market Interest rate on the issue date is 7%, the bonds will issue at $600,000. 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 at Journal entry worksheet 1 2 3 Record the first interest payment. Note: Enter debits before credits General Journal Debit Credit Date December 31. 2021 Record entry Clear entry View oneral journal On January 1, 2021. White Water Issues $600,000 of 7% bonds, due In 10 years, with interest payable annually on December 31 each year Requirect Assuming the market interest rate on the issue date is 7% the bonds will issue at $600,000. 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 transactionist Journal entry worksheet Record the second interest payment. Enter cebits Before codita General Journal Debit Credit December 31 2022 Recordantry Clear entry Vlor general Journal