Required information [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 $580,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Required: 1. If the market interest rate is 8%, the bonds will issue at $580,000, 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.) Answer is not complete. No General Journal Debit Credit 1 Date January 01, 2021 Cash Bonds Payable 580,000 580,000 2. June 30, 2021 Interest Expense Cash OO 3 December 31, 202 Interest Expense Cash Prey 1 2 3 4 of 7 Next >