Pretzelmania, Inc., Issues 5%, 10 year bonds with a face amount of $56.000 for $56,000 on January 1, 2021 The market interest rate for bonds of similar risk and maturity is 5% Interest is paid semiannually on June 30 and December 31 Required: 1.8 2. Record the bond issue and first interest payment on June 30, 2021. (If no entry is required for a particular transaction/event, select No Journal Entry Required in the first account field.) View fractionat Journal entry worksheet Record the issuance of bond. Bener Journal Credit Brief Exercise 9-6 Record bond issue at face amount and related semiannual Interest (L09-5) Pretzelmania, Inc., ssues 5%, 10 year bonds with a face amount of $56,000 for $56,000 on January 1, 202. The market Interest rate for bonds of similar risk and maturity 15%. Interest is paid semiannually on June 30 and December 31 Required: 1.8 2. Record the bond Iscue and first Interest payment on June 30, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) www truncan laut Journal entry worksheet Reference Record the first interest payment. General Journal Jun 2021 Debit Credit