Check my work 5 QS 10-10 (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 $130,000 and semiannual interest payments. 0.68 points Semiannual Period-End (0) January 1, issuance (1) June 30, first payment (2) December 31, second payment Unamortized Discount $ 7,200 6,480 5,760 Carrying Value $ 122,800 123,520 124,240 eBook 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 the second interest payment on December 31. Hint View transaction list Prat Journal entry worksheet References Record the issuance of the bonds. Note: Enter debits before credits General Journal Debit Credit Date January 01 Record entry Clear entry View general journal