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On January 1, 2024, Splash City issues $420 , 000 of 7% bonds, due in 10 years, with Interest payable semiannually on June 30 and

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On January 1, 2024, Splash City issues $420 , 000 of 7% bonds, due in 10 years, with Interest payable semiannually on June 30 and December 31 each year. Required: Assuming the bonds issue for $420 , 000 , record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024., and December 31, 2024. (If no entry is required for a particular transaction/ovent, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter adets Defore cregigs. Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits before credits. Journal entry worksheet 1 Record the second semiannual interest payment. Note: Enter debits before credits

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