Hei Exercise 14-6 Straight-Line: Recording bond issuance and premium amortization LO P1, P3 Woodwick Company issues 8%, five-year bonds, on December 31, 2016, with a par value of $92,000 and semiannual interest payments. Semiannual Period-End (0) 12/31/2016 (1) 6/30/2017 (2) 12/31/2017 Unamortized Premium $ 7,951 7,156 6,361 Carrying Value $99,951 99,156 98,361 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 2 3 1 Record the issue of bonds with a par value of $92,000 cash on December 31, 2016. work Saved (b) The first interest payment on June 30, 2017. (c) The second interest payment on December 31, 2017 View transaction list Journal entry worksheet Record the issue of bonds with a par value of $92,000 cash on December 31, 2016. Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31, 2016 Record entry Clear entry View general Journal b) The first interest payment on June 30, 2017 c) The second interest payment on December 31, 2017. View transaction list Journal entry worksheet an b) The first interest payment on June 30, 2017. c) The second interest payment on December 31, 2017. View transaction list Journal entry worksheet Record the second interest payment on December 31, 2017. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2017 Record entry Clear entry View general journal