Exercise 10-6 Straight-Line: Recording bond issuance and discount amortization LO P2 Dobbs Company issues 5%, two-year bonds, on December 31, 2019, with a par value of $100,000 and semiannual interest pas Semiannual Period-End (0) 12/31/2019 (1) 6/30/2020 (2) 12/31/2020 (3) 6/30/2021 (4) 12/31/2021 Unamortized Discount $6,000 4,500 3,000 1,500 Carrying Value $ 94,000 95,500 97,000 98,500 100,000 Use the above straight-line bond amortization table and prepare journal entries for the following. Required: (a) The issuance of bonds on December 31, 2019 (b) The first through fourth interest payments on each June 30 and December 31 (c) Record the maturity of the bonds on December 31, 2021 Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required The issuance of bonds on December 31, 2019. No Date Dec 31, 2019 General Journal Cash Discount on bonds payable Bonds payable Credit Debit 95,500 $ 4,500 100.000 Required B > RELUIU Ure Hatun Ulu Ulu Ull Velenel SI, LUZI. X Answer is not complete. 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. No Date Jun 30, 2020 Credit General Journal Bond Interest expense Cash Discount on bonds payable Debit 4,000 2,500 1,500 Dec 31, 2020 Bond interest expense Cash Discount on bonds payable 4,000 2,500 1,500 Jun 30, 2021 4.000 Bond Interest expense Cash Discount on bonds payable SISI 2,500 1,500 Dec 31, 2021 Bonds payable Cash 100,000 100,000 $ Required A Required C > Exercise 10-6 Straight-Line: Recording bond issuance and discount amortization LO P2 Dobbs Company issues 5%, two-year bonds, on December 31, 2019, with a par value of $100,000 and semiannual interest payments. (O) Sealannual Period-End 12/31/2019 (1) 6/30/2020 12/31/2020 6/30/2021 12/11/2021 Un amortized Discount $6,000 4,500 3.000 1.500 Carrying Value $ 94,000 95. 97.000 98.50 100,000 (2) Use the above straight-line bond amortization table and prepare journal entries for the following Required: (a) The issuance of bonds on December 31, 2019 (b) The first through fourth interest payments on each June 30 and December 31 (c) Record the maturity of the bonds on December 31, 2021. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required Required Record the maturity of the bonds on December 31, 2021 No Date General Journal Debit 100,000 1 Dec 31, 2021 Bonds payable 100 000 (Required