Pretretmania, Inc., Issues 7%, 10-year bonds with a face amount of $64,000 for $64,000 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 7%. Interest is paid annually on December 31 Required: 1. & 2. Record the bond issue and first interest payment on December 31, 2021. (1 no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction flat Journal entry worksheet