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Return to question 3 10 pala Pretzelmanla, Inc., Issues 5%, 20-year bonds with a face amount of $68,000 or S40,875 on January 1, 2021. The
Return to question 3 10 pala Pretzelmanla, Inc., Issues 5%, 20-year bonds with a face amount of $68,000 or S40,875 on January 1, 2021. The market interest rate for boncs of similar risk and maturity is 5%. Interest is paic remiannually on June 30 nnd December 31. Required: 1. & 2. Record the bond issue and first interest payment on June 30, 2021 (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermodinte computations and final answers to the nearest whole dollar amount.) No Credit X Answer is not complete. Date General Journal January 11, 2021 Cash Ducouril on Dende Pavably Hans PAYAH 1 Debit 46.2175 8.125 520 2 June 30, 202 1.106 Inres. Expert Caan 4018
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