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! Required information [The following information applies to the questions displayed below.] On January 1, 2024, Splash City issues $480,000 of 7% bonds, due

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! Required information [The following information applies to the questions displayed below.] On January 1, 2024, Splash City issues $480,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $515,708. 2. 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 final answers to the nearest whole dollar.) View transaction list 1 Record the bond issue. 2 Record the first semiannual interest payment. 3 Record the second semiannual interest payment. Note: journal entry has been entered Record entry E Credit Clear entry View general journal >

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