Required information Problem 9-5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.] On January 1, 2024. Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $490,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5A (Algo) Part 3 3. If the market interest rate is 7%, the bonds will issue at $524,820. 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.) Journal entry worksheet 3 Record the bond issue. Note: Enter debits before credits: Required information Problem 9.5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below) On January 1, 2024. Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $490,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9.5A (Algo) Part 3 6. If the market interest rate is 7%, the bonds will issue at $524,820. Record the bond issue on January 1,2024 , and the first two emiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, elect "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits before cred ta. Required information Problem 9.5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.] On January 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $490,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5A (Algo) Part 3 . If the market interest rate is 7%, the bonds will issue at $524,820. Record the bond issue on January 1,2024 , and the first two emlannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, elect "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Record the second semiannual interest payment. Note Enter debis belore credits
