Pretzelmania, Incorporated, issues $6\%,10-$year bonds at face amount of $$60,000$ on January $1,2024.$ Interest is paid semiannually on

June $30$ and December $31.$

Required:

& $2.$ Record the bond issue on January $1,2024$ and first interest payment on June $30,2024.$

Note: If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.