Exercise 10-5 Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson Company issues 8%, four-year bonds, on January 1 of this year, with a par value of $92.000 and semiannual interest payments Seminta period United Discount Cars Vals (0) January 1, Issance TIS,427 13 June 30. tirst payment 9.750 6,249 12) December 31, second payment 4,923 17,071 16,573 Use the above straight-line bond amortization table and prepare journal entries for the following: (a) The issuance of bonds on January (b) The best interest payment on June 30, The second interest payment on December 31 View transaction lit Journal entry worksheet c G Search or type URL > S 4 2 3 96 5 6 7 8 9 O W E R T Y U o S D F G H J L 7. V B N M