on January 1,2018 Twister Enterprises, a manufacturer of a variety of transportable spin rides, issuses $470,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. #1 If the market interest rate is 8%, the bonds will issue at $470,000. Record the bond issue on January 1, 2018, and the first two semiannual interest paymemts on June 30, 2018, and December 31, 2018. (if no entry is required for a transaction/event, select "No journal entry required" in the first account feild.)

#2 If the market interest rate is 9%, the bonds will issue at $431,721. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

#3 If the market interest rate is 7%, the bonds will issue at $513,221. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30,2018, and December 31,2018.(if no entry is required for a transaction/event, select "No journal entry required" in the forst account feild.)

Journal Entry Worksheet Record the bond issue Date General Journal January 01, 2018 Debit Credit *Enter debits before credi