D QS 10-8 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 $90,000 and semiannual interest payments. (0) (1) (2) Semiannual Period-End January 1, issuance June 30, first payment December 31, second payment Unamortized Discount $ 6,800 6,120 5,440 Carrying Value $83,200 83,880 84,560 Ek 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. View transaction list View journal entry worksheet No Date Credit 1 January 01 General Journal Cash Discount on bonds payable Bonds payable Debit 83,200 6,800 nces 90,000 2 June 30 5,180 Bond interest expense Cash Discount bonds payabk 4,500 680 3 December 31 Bond interest expense Cash Discount on bonds payable