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Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $1,860,000 of 7% bonds, due in
Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $1,860,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 2. If the market interest rate is 8%, the bonds will issue at $1,699,184. 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/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet < 1 2 3 Record the bond issue.. Note: Enter debits before credits. Date: January 01, 2024 General Journal Debit Credit Journal entry worksheet 1 2 3 Record the first semiannual interest payment. Note: Enter debits before credits. Date June 30, 2024 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 Record the second semiannual interest payment. Note: Enter debits before credits. Date December 31, 2024 General Journal Debit Credit
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