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Required information The following information applies to the questions displayed below.) On January 1, 2021, Splash City issues $320,000 of 8% bonds, due in 15

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Required information The following information applies to the questions displayed below.) On January 1, 2021, Splash City issues $320,000 of 8% 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 9%, the bonds will issue at $293,938, Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 21. cur no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Round sur Intermediate and final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the bond issue. Note Enter det before credits General Journal Debit Credit January 01, 2021 View transaction list Journal entry worksheet 2 3 Record the bond issue. Note: Enter debits before credits. General Journal Debit Credit Date January 01, 2021 View general journal Clear entry Record entry

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