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Required information The following information applles to the questions displayed below] On January 1, 2024. White Water issues $600.000 of 7% bonds, due in 10

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Required information The following information applles to the questions displayed below] On January 1, 2024. 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 1ssue date is 8%, the bonds will issue at $559740. Record the bond issue on January 1, 2024, and the first two Interest payments on December 31, 2024, and December 31, 2025. (If o entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field Round your inal answers to the nearest whole dollar) Journal entry worksheet

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