Required information Exercise 9-8A Record bonds issued at a discount and related semiannual interest (LO9-5) [The following information applies to the questions displayed below.] On January 1, 2021, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938. Exercise 9-8A Part 2 2. 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. Round your intermediate and final answers to the nearest whole dollar.) X Answer is not complete. No General Journal Debit Credit 1 Date January 01, 2021 Cash Bonds Payable 320,000 X x 320,000 X 2 June 30, 2021 13,227 Interest Expense Cash 13,227 3 13,227 X December 31, 202 Interest Expense Cash 13,227 X