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! Required information Problem 9 - 5 B ( Algo ) Record bond issue and related interest ( LO 9 - 5 ) [ The

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Required information
Problem 9-5B (Algo) Record bond issue and related interest (LO9-5)
[The following information applies to the questions displayed below.]
Viking Voyager specializes in the design and production of replica Viking boats. On January 1,2024, the company issues $2,800,000 of 9% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.
Problem 9-5B (Algo) Part 3
3. If the market interest rate is 8%, the bonds will issue at $3,042,088. Record the bond issue on January 1,2024, and the first two semiannual interest payments on June 30,2024, and December 31,2024.(If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.)
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\table[[No,Date,General Journal,Debit,Credit],[1,January 01,2,Cash,,3,042,08,],[,,Bonds Payable,,.,2,800,0()
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