Pretzelmania, Inc., Issues 5%, 20-year bonds with a face amount of $50,000 for $44,221 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually on June 30 and December 31, Required: 1. & 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. Round your intermediate computations and final answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet 1 2 Record the bond issue on January 1, 2021 Note Enter debits before credit General Journal Date January 01, 2021 Debit Credit