1. 3.20 points Exercise 10-4 Straight-Line: Recording bond issuance and discount amortization LO P1, P2 Paulson Company issues 6%, four-year bonds, on December 31, 2015, with a par value of $110,000 and semiannual interest payments. Carrying Value $103,067 103,934 104,801 Semiannual Period-End Unamortized Discount (0) 12/31/2015 (1) 6/30/2016 (2) 12/31/2016 $6,933 6,066 5,199 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2015. (b) The first interest payment on June 30, 2016 (c) The second interest payment on December 31, 2016 View transaction list Journal entry worksheet Record the issue of bonds with a par value of $110,000 cash December 31, 2015 Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31, 2015 Record entry Clear entry View general journal