TWISTER ENTERPRISES Account Debit Credit Date Requirement 1: January 1, 2021 (issued bonds at face amount) 2 3 June 30, 2021 5 alcon (Pay semiannual interest) 7 8 December 31, 2021 9 0 4 (Pay semiannual interest) Requirement 2: January 1, 2021 (Bonds issued at a discount) June 30, 2021 (Pay semiannual interest) 3 December 31, 2021 6 37 (Pay semiannual interest) Demirament 3. Requirement 3: January 1, 2021 (issued bonds at a premium) June 30, 2021 (Pay semiannual interest) December 31, 2021 (Pay semiannual interest) TWISTER ENTERPRISES $ Issued bonds on January 1, 2021 Maturity in years Interest rate on bonds Interest payable June 30 and December 31 600,000 20 8% P9-4A on January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $600,000 of 8% bonds, due in 20 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 $600.000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021. and December 31, 2021. 2. If the market interest rate is 9%, the bonds will issue at $544,795. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021. and December 31, 2021. 3. If the market interest rate is 7%, the bonds will issue at 8664.065. Record the bond issue on January 1, 2021. and the first two semiannual interest payments on June 30.2021, and December 31, 2021