On January 1.2024, Splash City lssues $380,000 of as, bonds, due in 15 years, with interest payable semannualy on June 30 and December 31 each year. The bonds issue at $380.000. Required: 1. How will the bond sisuance on January 1, 2024, affect the financial statements? 2. How will the first two semiannual interest payments on June 30, 2024, and December 3t, 2024, affect the financial statements? Camplete this question by entering your answers in the tabs below. Hew will the bend inunce ep danwary: 1, 20I4, affect the financial atatementa? Notet Amousta ta be deducted ihoulf be indicated Dy a mout tipn On January 1, 2024, Splash City issues $380,000 of 83 Donds, due in 15 yeurs, with interest payable semrannually on June 30 and December 31 each year The bonds issue at $380,000 Required: 1. How will the bond iskuance on Innuary 1,2024, affect the financial statements? 2. How wilh the first two semiannual interest poyments on Jurie 30, 2024, and December 31, 2024, affect the finonciat atatements? Complete this aurstian by entering veur answers in the tabs lielow. On January 1, 2024. Splash City issues $380,000 of 8 s bonds, due in 15 years, whth interest poyable semiannualy on June 30 and December 31 each year The bonds issue at $380,000 Requlred: 1. How wil the bond issuance on fanusry 1, 2024, offect the financiat statements? Complete this question by eatering your answers in the tabs helow