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Required information [The following information applies to the questions displayed below] On January 1, 2024,...

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Required information [The following information applies to the questions displayed below] On January 1, 2024, Splash City issues $480,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $447,385. 2. 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 intermediate and final answers to the nearest whole dollar.) Journal entry worksheet Assuming the market interest rate on the issue date is 8%, the bonds will issue at $447, 2. Record the bond issue on January 1,2024, and the first two semiannual interest payments 0 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Req your intermediate and final answers to the nearest whole dollar.) 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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