Exercise 14-6 Straight-Line: Recording bond issuance and discount amortization LO P2 Dobbs Company issues 8%, two-year bonds, on December 31, 2019, with a par value of $97.000 and semiannual interest payments. Semiannual Period - End Unanortized Discount (9) 12/31/2019 Carrying Valve $5,940 (1) 6/30/2020 $91,060 4,455 92,545 (2) 12/31/2020 2,970 (3) 6/30/2021 94,838 1,485 95,515 (4) 12/31/2021 97,000 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 ) Record the maturity of the bonds on December 31, 2021. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required A Required B Required C The issuance of bonds on December 31, 2019. View transaction list Journal entry worksheet 1 Record the issue of bonds with a par value of $97,000 cash on December 31, 2019. Note: Enter debits before credits. s General Journal Debit Credit Date Dec 31, 2019 Record entry Clear entry View general Journal Auto 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 Journal entry worksheet Record the interest payment and amortization on December 31, 2020. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2020 Record entry Clear entry View general Journal Complete this question by entering your answers in the tabs below. Required A Required B Required 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, 2021. Note: Enter debits before credits. General Journal Debit Credit Date Jun 30, 2021 Record entry Clear entry View general Journal 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