Required information [The following information applies to the questions displayed below.] On January 1, 2024, Splash City issues $400,000 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 7%, the bonds will issue at $436,785. 2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and Decemb 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fiel our final answers to the nearest whole dollar.) Journal entry worksheet Journal entry worksheet Record the first semiannual interest payment. Note: Enter deblts before credits, Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits