Return to question 4 Required information Part 2 of 2 The following information applies to the questions displayed below. On January 1, 2021, Splash City issues $330,000 of 7% bonds , due in 10 years, with interest payable semiannually on June 30 and December 31 each year 10 points Assuming the market interest rate on the issue date is 8%, the bonds will issue at $307,577. 2. 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 intermediate and final answers to the nearest whole dollar.) Answer is not complete. No Date General Journal Debit Credit January 01, 2021 Cash Discount on Bonds Payable Bonds Payable June 30, 2021 Interest Expense 2 Discount on Bonds Payahle Return to question 4 Assuming the market interest rate on the issue date is 8% , the bonds will issue at $307,577 2. 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 intermediate and final answers to the nearest whole dollar) Part 2 of 2 10 points Answer is not complete. General Journal No Date Debit Credit January 01, 2021 Cash 1 Discount on Bonds Payable Bonds Payable Interest Expense Discount on Bonds Payable 2 June 30, 2021 Cash December 31, 202 Interest Expense 3 Discount on Bonds Payable Cash