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Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $2,600,000 of 8% bonds, due in

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Viking Voyager specializes in the design and production of replica Viking boats. On January 1, 2024, the company issues $2,600,000 of 8% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 3 3. If the market interest rate is 7%, the bonds will issue at $2,877,616. 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.) Journal entry worksheet Note: Enter debits before credits Viking Voyager speciailzes in the design and production of replica Viking boats. On January 1, 2024, the company issues $2,600,000 of 8% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 3 3. If the market interest rate is 7%, the bonds will issue at $2,877,616. 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.) Journal entry worksheet Record the first semiannual interest payment. Notel Enter debits before credits. 3. If the market interest rate is 7%, the bonds will issue at $2,877,616. Record the bond issue on January 1,2024 , and the first tw semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/6 select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits

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