value 6.66 points On January 1, 2018, White Water issues $480,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Required: Assuming the market interest rate on the issue date is 6%, the bonds will issue at $480,000. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Record the bond issue. 2 Record the first semiannual interest payment. 3 Record the second semiannual interest payment. Credit Note:-journal entry has been entered