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Return to que 10 ! Required information Part 3 of 3 [The following information applies to the questions displayed below.] On January 1, 2021, Twister
Return to que 10 ! Required information Part 3 of 3 [The following information applies to the questions displayed below.] On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $530,000 of 7% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. 1 points 3. If the market interest rate is 6%, the bonds will issue at $591,254. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) X Answer is not complete. No General Journal Debit Credit 1 Date January 01, 2021 Cash Bonds Payable 591,245 X 591,254 X 2 June 30, 2021 17,738 Interest Expense Bonds Payable X 17,738 X 3 18,550 X December 31, 202 Interest Expense Bonds Payable x 18,550 X
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