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Required information [The following information applies to the questions displayed below) On January 1, 2021. Twister Enterprises, a manufacturer of a variety of transportable spin

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Required information [The following information applies to the questions displayed below) On January 1, 2021. Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. 3. If the market interest rate is 7%, the bonds will issue at $621,216. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (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.) View transaction lit Journal entry worksheet 1 2 3 Record the bond issue General Journal Dobit Credit January 01, 2021

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