Required information [The following information applies to the questions displayed below.] On January 1, 2021, White Water issues $460,000 (face) of 5% bonds, due in 15 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $415,326. 2. Record the bond issue on January 1, 2021, and the first two interest payments on December 31, 2021, and December 31, 2022. (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 View journal entry worksheet No Date 1 January 01, 2021 Cash Bonds Payable 2 December 31, 2021 Interest Expense Cash 3 December 31, 2022 Interest Expense Cash General Journal Debit Credit 460,000 460,000 23,000 23,000 23,000 23,000