Required informavon Exercise 9-14 (Algo) Record bonds issued ot a discount and related semiannual interest (LO9.5) The following information applies to the questions displayed beiow] On Lanvary 1, 2024. Whthe Water issues $460,000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year Assuming the market interest rate on the insue date is 6 t, the bonds wit issue at 5414,920 Exercise 9-14(Algo) Part 2 2. Record the bond issue on January 1, 2024. and the first pwo semiannual interest payments on June 30, 2024, and December 31 , 2024 ar no entry is required for s particular tansaction/event, selecr "No Journel Entry Required" in the first account field, Aound your final enswers to the nearest whole dollar.)