Exercise 14-6 Straight-Line: Recording bond issuance and premium amortization LO P1, P3 Woodwick Company issues 10%, five-year bonds, on December 31, 2016, with a par value of $105,000 and semiannual interest payments Carrying Value $113,211 112,390 111,569 Semiannual Period-End Unamortized Premium 12/31/2016 (0) (1) $8,211 7,390 6,569 6/30/2017 12/31/2017 (2) Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on December 31, 2016 (b) The first interest payment on June 30, 2017. (c) The second interest payment on December 31, 2017 View transaction list Journal entry worksheet 1 2 Record the issue of bonds with a par value of $105,000 cash on December 31, 2016 Note: Enter debits before cred its. General Journal Date Debit Credit Dec. 31, 2016 Record entry Clear entry View general journal