On November 1, 2021, Aviation Training Corp. borrows $47,000 cash from Community Savings and Loan. Aviation Training signs a three-month, 6% note payable. Interest is payable at maturity. Aviation's year-end is December 31. Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (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 3 Record the issuance of note. Note: Enter debits before credits. Date General Journal Debit Credit November 01, 2021 Record entry Clear entry View general journal Required information [The following information applies to the questions displayed below.] On January 1, 2021, Splash City issues $490,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $535,061. 2. 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. Round your final answers to the nearest whole dollar.) Answer is not complete. No Date General Journal Debit Credit January 01, 2021 Cash 535,0610 490,000 Bonds Payable Premium on Bonds Payable 45,061 June 30, 2021 Interest Expense 18,727 Premium on Bonds Payable 6540 Cash 19,600 December 31, 201 Interest Expense 18,697 Premium on Bonds Payable 903X 19,600 Cash