Gs 10-7 Recording bond issuance and discount amortization LO P1, PZ Sylvestor Company issues 8%, five-year bonds, on December 31, 2016, with a par value of $90,000 and semiannual interest payments. Unamortized Discount $7,600 6,840 6,080 Semiannual Period-End Carrying Value (0) 12/31/2016 (1) 6/30/2017 (2) 12/31/2017 82,400 83,160 83,920 Use the above bond amortization table and prepare journal entries to record (a) the issuance of bonds on December 31, 2016; (b) the first interest payment on June 30, 2017; and (c) the second interest payment on December 31, 2017 View transaction list Journal entry worksheet Record the issuance of the bonds. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2016