Exercise 10-6 (Algo) Straight-Line: Recording bond issuance and discount amortization LO P2 Dobbs Company issues 7%, two-year bonds, on December 31, 2021, with a par value of $102,000 and semiannual interest payments. Semiannual Period-End (e) (1) 12/31/2021 6/30/2022 (2) 12/31/2022 (3) (4) 6/30/2023 12/31/2023 Unamortized Discount $ 6,040 4,530 3,020 1,510 Carrying Value $ 95,960 97,470 98,980 100,490 102,000 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2021. (b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2023. Complete this question by entering your answers in the tabs below. Required A Required B Required C The issuance of bonds on December 31, 2021. View transaction list Journal entry worksheet 1 Record issuance of the bonds. Note: Enter debits before credits, Date December 31, 2021 General Journal Debit Credit Record entry Clear entry View general journal (2) (3) (4) 12/31/2022 6/30/2023 12/31/2023 3,020 1,510 98,980 108,490 102,000 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2021. (b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2023. Complete this question by entering your answers in the tabs below. Required A Required B Required C The first through fourth interest payments on each June 30 and December 31. View transaction list Journal entry worksheet <1 2 3 4. record the interest payment and amortization on june 30, 2022. note: enter debits before credits. date 2022 general journal debit credit entry clear view> Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2021. (b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2023. Complete this question by entering your answers in the tabs below. Required A Required B Required C The first through fourth interest payments on each June 30 and December 31. View transaction list Journal entry worksheet < 1 2 3 Record the interest payment and amortization on December 31, 2022. Note: Enter debits before credits. Date December 31, 2022 General Journal Debit Credit Record entry Clear entry View general journal < Required A Required C > (2) (3) 12/31/2022 (4) 6/30/2023 12/31/2023 3,020 1,518 8 98,988 100,490 102,000 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2021. (b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2023. Complete this question by entering your answers in the tabs below. Required A Required B Required C The first through fourth interest payments on each June 30 and December 31. View transaction list Journal entry worksheet < 1 2 3 4 Record the interest payment and amortization on June 30, 2023. Note: Enter debits before credits. Date June 30, 2023 General Journal Debit Credit Record entry Clear entry View general journal < Required A Required C > (4) 12/31/2023 102,000 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2021. (b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2023. Complete this question by entering your answers in the tabs below. Required A Required B Required C The first through fourth interest payments on each June 30 and December 31. View transaction list Journal entry worksheet < 1 2 3 4 Record the interest payment and amortization on December 31, 2023. Note: Enter debits before credits. Date December 31, 2023 General Journal Dobit Credit Record entry Clear entry View general journal (2) (3) (4) 233 12/31/2022 6/30/2023 12/31/2023 3,020 1,510 98,988 100,490 102,000 Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2021. (b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2023. Complete this question by entering your answers in the tabs below. Required A Required B Required C Record the maturity of the bonds on December 31, 2023. View transaction list Journal entry worksheet < 1 Record the payment on maturity on December 31, 2023. Note: Enter debits before credits. Date December 31, 2023 General Journal Debit Credit Record entry Clear entry View general journal