Problem 9-4A Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.) On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $540,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-4A Part 1 Required: 1. If the market interest rate is 7%, the bonds will issue at $540,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry workshee Record the bond issue. Note: Enter debts before credits General Journal Debit Credit Date January 01, 2021 (Prev 1 2 3 of 4 !!! Next > Problem 9-4A Record bond issue and related interest (LO9-5) (The following information applies to the questions displayed below.) On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, Issues $540,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-4A Part 1 Required: 1. If the market interest rate is 7%, the bonds will issue at $540,000, Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the first semiannual Interest payment. Note: Enter debits before credits Date General Journal Debil Credit June 30, 2021 (Prev 1 2 3 of 4 Next > Problem 9-4A Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.) On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $540,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-4A Part 1 Required: 1. If the market interest rate is 7%, the bonds will issue at $540,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet