Pretzeimania, incorporated, issues 6%,10-year bonds with a face amount of $66,000 for $61,310 on January 1, 2024. The market interest rate for bonds of simllar risk and maturity is 7%. Interest is paid semiannually on June 30 and December 31 . Required: 1, \& 2. Record the bond issue on January 1, 2024 and first interest payment on June 30, 2024. (If no entry is required for o particular tronsoction/event, select "No Journal Entry Required" in the first account field. Do not round your intermediate calculations. Round final answers to the nearest whole dollar.)