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What would be the journal entries along with debits/credits for -bond issue on January 01, 2021 -the first semiannual interest payment on June 30, 2021

What would be the journal entries along with debits/credits for

-bond issue on January 01, 2021

-the first semiannual interest payment on June 30, 2021

-the second semiannual interest payment on December 31, 2021

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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 $480,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 3. If the market interest rate is 7%, the bonds will issue at $524,141. 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. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 2 3 Record the bond issue. Note: Enter debits before credits. Debit Credit Date January 01, 2021 General Journal Cash Premium on Bonds Payable Record entry Clear entry View general journal

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