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Accounting

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Required information
[The following information applies to the questions displayed below.].
On January 1,2021, White Water issues $560,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year.
Assuming the market interest rate on the issue date is 5%, the bonds will issue at $629,789.
2. Record the bond issue on January 1,2021, and the first two interest payments on December 31,2021, and December 31,2022.(If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.)
Answer is not complete.
\table[[No,Date,Gener:,Journal,Debit,Credit],[1,January 01,2021,Cash,0,629,789,],[,Premium on Bonds Payable,2,,69,789vv
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