Super Splash issues $870,000, 7% bonds on January 1, 2021, that mature in 15 years. The market interest rate for bonds of similar risk and maturity is 6%, and the bonds issue for $955,262. Interest is paid semiannually on June 30 and December 31. 2. & 3. Record the issuance of the bonds on January 1, the interest payments on June 30, 2021, and December 31, 2021. (If no journal entry is required for a particular transaction, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Record the bond issue.     Date General Journal Debit Credit January 01, 2021                                               Record the first semiannual interest payment.     Date General Journal Debit Credit June 30, 2021                                                   Record the second semiannual interest payment.     Date General Journal Debit Credit December 31, 2021

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Q: 3. Chapter 9 Homework

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