Der gute Discount amortization (per interest period) $3,600 Total bond discount Number of interest periods = $900 4 Knowledge Check 01 On December 31 Wintergreen, incorporated, issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. Wintergreen received $139,875 when it issued the bonds (or $150.000 9325) After recording the related entry, Bonds Payable had a balance of $150,000 and Discounts on Bonds Payable had a balance of $10,125, Wintergreen uses the straight line bond amortization method. The first semiannual interest payment was made on June 30 of the next year, Complete the necessary Journal entry for June 30 by selecting the account names from the drop-down menus and entering the dollar amounts in the debitor credit columns. View transaction list View journal entry worksheet No Crada Date Dec. 31 Debit 130,875 10.125 General Journal Cash Discount on bonds payable Bonds payable 1 150,000