(The following information applies to the questions displayed below.] On January 1, 2021, White Water issues $580,000 of 5% bonds, due in 15 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $523,672. 2. Record the bond issue on January 1, 2021, and the first two interest payments on December 31, 2021, and December 31, 2022. (lfn entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) View transaction list Journal entry worksheet 1 2. 3 > 1 2 3 2 Record the bond issue. Note: Enter debits before credits Debit Credit Date General Journal January 01, 2021 Cash Discount on Bonds Payable 523,672 Record entry Clear entry View general Journal 2 3 Record the first annual interest payment. Note: Enter debits before credits Date General Journal Debit Credit December 31, 2021 Record entry Clear entry View general journal Required information 1 2 -> Record the second annual interest payment. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2022 Record entry Clear entry View general journal ca Pro Na