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Required information Exercise 9-12 (Algo) Record bonds issued at a premium and related semiannual interest (LO9. 5) [The following information applies to the questions displayed

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Required information Exercise 9-12 (Algo) Record bonds issued at a premium and related semiannual interest (LO9. 5) [The following information applies to the questions displayed below] On January 1, 2024, Splash City issues $340,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $373,648. Exercise 9-12 (Algo) Part 2 2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and Decembe 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Note: Enter debits before credits. Record the first semiannual interest payment. Note: Enter debits before credits. Note: Enter debits before credits. Required information Exercise 9-12 (Algo) Record bonds issued at a premium and related semiannual interest (LO9. 5) [The following information applies to the questions displayed below] On January 1, 2024, Splash City issues $340,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $373,648. Exercise 9-12 (Algo) Part 2 2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and Decembe 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Note: Enter debits before credits. Record the first semiannual interest payment. Note: Enter debits before credits. Note: Enter debits before credits

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