Paulson Company issues 10%, four-year bonds, on January 1 of this year, with a par value of $98,000 and semiannual interest payments. Semiannual Period-End (e) January 1, issuance (1) June 30, first payment (2) December 31, second payment Unamortized Discount $ 6,693 5,856 5,019 Carrying Value $91,307 92,144 92,981 Use the above straight-line bond amortization table and prepare journal entries for the following (a) The issuance of bonds on January 1. (b) The first interest payment on June 30. (c) The second interest payment on December 31 View transaction list 1 Record the issuance of the bonds on January 1. 2 Record the first interest payment on June 30. Record the second interest payment on December 31. journal entry has been entered Note: Record entry Credit Clear entry View general journal