Paulson Company issues 10%, four-year bonds, on January 1 of this year, with a par value of $93,000 and semiannual interest payments. Semiannual Period-End (9) January 1, issuance (1) June 30, first payment (2) December 31, second payment 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 Journal entry worksheet 1 2 3 Date January 01 Record the issuance of the bonds on January 1. Note Enter debits before credits Unamortized Discount $ 6,593 General Journal 5,769 4,945 Debit Parall Carrying Value $ 86,487 87, 231 88, 855 Credit

Paulson Company issues 10%, four-year bonds, on January 1 of this year, with a par value of $93,000 and semiannual interest payments. Use the above straightline 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 Journal entry worksheet