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Problem 9-5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to...

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Problem 9-5A (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.] On Jantary 1, 2024, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $510,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5A (Algo) Part 3 3. If the market interest rate is 6%, the bonds will issue at $547,938. 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. Note: Enter debits before credits. Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits

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