6 Exercise 10-5 (Algo) Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson Company issues 10%, four-year bonds, on January 1 of this year, with a par value of $107.000 and semiannual interest payments. 0.68 points Semiannual Period-End (a) January 1, issuance (1) June 30, first payment (2) December 31, second payment Unamortized Discount $ 6,873 6,014 5,155 Carrying Value $ 100,127 100,986 101,845 eBook Use the above straight-line bond amortization table and prepare journal entries for the following, nt (a) The issuance of bonds on January 1. (b) The first interest payment on June 30. (c) The second interest payment on December 31. Paint View transaction list References Journal entry worksheet 1 2 3 > Record the issuance of the bonds on January 1. Note: Enter debits before credits. General Journal Debit Credit Date January 01