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Required information [ The following information applies to the questions displayed below. ] On January 1 , 2 0 2 4 , White Water issues

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Required information
[The following information applies to the questions displayed below.]
On January 1,2024, White Water issues $520,000 of 5% bonds, due in 15 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
$469,041.
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.)
Answer is not complete.
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