7 Paulson Company issues 9%, four-year bonds, on January 1 of this year, with a par value of $101,000 and semiannual interest payments Sentannual Period-End (0) January 1, issuance (1) June 30, first payment (2) December 31, second payment Unamortized Discount 56,753 5,909 5,065 Carrying value $94,247 95,091 95,935 Use the above straight-line bond amortization table and prepare journal entries for the following (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 D < 1 21 3 Record the issuance of the bonds on January 1. Note: Enter delits before credits. Date January 01 General Journal Debit Crede