Accounts payable

Accounts receivable

Accumulated Amortization-Right-of-Use Asset

Accumulated depreciationBuilding

Accumulated depreciationEquipment

Amortization expense

Bond interest expense

Bond interest payable

Bond interest revenue

Bonds payable

Building

Cash

Common dividend payable

Common stock dividend distributable

Common stock, $10 par value

Common stock, no-par value

Cost of goods sold

Depreciation expense - Building

Depreciation expense - Equipment

Discount on bonds payable

Equipment

Gain on retirement of bonds payable

Income summary

Interest payable

Inventory

Land

Lease liability

Loss on retirement of bonds payable

Notes payable

Organization expenses

Paid-in capital in excess of par value, common stock

Paid-in capital in excess of par value, preferred stock

Paid-in capital, treasury stock

Preferred stock, $100 par value

Premium on bonds payable

Rental expense

Rental revenue

Retained earnings

Right-of-Use Asset

Salaries expense

Sales

Sales discounts

Sales returns and allowances

Supplies

Supplies expense

Treasury stock

QS 14-10 (Algo) Recording bond issuance and discount amortization LO P2 Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par value of $110,000 and semiannual interest payments. Use the above bond amortization table and prepare journal entries to record (a) the issuance of bonds on January 1 , (b) the first interest payment on June 30 , and (c) the second interest payment on December 31. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the interest payment and amortization on June 30. Note: Enter debits before credits. Journal entry worksheet Record the interest payment and amortization on December 31. Note: Enter debits before credits