Required information [The following information applies to the questions displayed below) On January 1, 2021. White Water issues $600,000 of 7% bonds, due in 10 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 $644.161. 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 Best Journal entry worksheet Record the bond Issue Note: Enter debts before redite Date January 01, 2021 General Journal Debit Credit