1.38 3 points Exercise 14-5 (Algo) Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson...

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1.38 3 points Exercise 14-5 (Algo) Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson Company issues 8%, four-year bonds, on January 1 of this year, with a par value of $92,000 and semiannual interest payments. Semiannual Period-End (0) January 1, issuance eflook (1) June 30, first payment Hind (2) December 31, second payment Unamortized Discount 36,573 5,751 4,929 Carrying Value $85,427 06.249 87,071 Print Use the above straight-line bond amortization table and prepare journal entries for the following. References (a) The issuance of bonds on January 1. (b) The first interest payment on June 30. (c) The second interest payment on December 31. View transaction list Journal entry worksheet 1.38 3 points Exercise 14-5 (Algo) Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson Company issues 8%, four-year bonds, on January 1 of this year, with a par value of $92,000 and semiannual interest payments. Semiannual Period-End (0) January 1, issuance eflook (1) June 30, first payment Hind (2) December 31, second payment Unamortized Discount 36,573 5,751 4,929 Carrying Value $85,427 06.249 87,071 Print Use the above straight-line bond amortization table and prepare journal entries for the following. References (a) The issuance of bonds on January 1. (b) The first interest payment on June 30. (c) The second interest payment on December 31. View transaction list Journal entry worksheet