Required information

$[$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

$$3,000,000$ of $9\%$ bonds, due in $10$ years, with interest payable semiannually on June $30$ and December $31$ each year.

If the market interest rate is $8\%,$ the bonds will issue at $$3,203,855.$ 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

Record the first semiannual interest payment.

Note: Enter debits before credits. Required information

$[$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

$$3,000,000$ of $9\%$ bonds, due in $10$ years, with interest payable semiannually on June $30$ and December $31$ each year.

If the market interest rate is $8\%,$ the bonds will issue at $$3,203,855.$ 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

Record the second semiannual interest payment.

Note: Enter debits before credits.