Pretzelmania, Inc., Issues 7%, 15-year bonds with a face amount of $51,000 for $55,953 on January 1, 2021 The market Interest rate for bonds of similar risk and maturity is 6% Interest is paid annually on December 31 Required: 1. & 2. Record the bond issue and first interest payment on December 31, 2021. (If no entry is required for a porticular transaction/event, select "No Journal Entry Required" In the first account fleid. 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 Notrebe General Journal Date January 01 2011 Debit Credit