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QUESTION 3-20 POINTS Donatello, Inc. (DI) issues $21,000,000 face value bonds on 1/1/21. The bonds have a 7 year term and pay interest semi-annually with

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QUESTION 3-20 POINTS Donatello, Inc. ("DI") issues $21,000,000 face value bonds on 1/1/21. The bonds have a 7 year term and pay interest semi-annually with a stated interest rate of 5%. If the market rate is 4%, prepare the journal entry to record the bond issuance on 1/1/21. DATE ACCOUNT DEBIT CREDIT

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