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Required information

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Viking Voyager specializes in the design and production of replica Viking boats. On January $1,2024,$ the company issues $$3,000,000$ of $9\%$ bonds, due in $10$ years, with interest payable semiannually on June $30$ and December $31$ each year.

$2.$ If the market interest rate is $10\%,$ the bonds will issue at $$2,813,067.$ 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

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Record the bond issue.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$January $01,2024,,,],[,,,],[,,,],[,,,]]$