Paulson Company issues 10%, four-year bonds, on January 1 of this year, with a par value of $102,000 and semiannual interest payments (0) (1) (2) Semiannual Period-End January 1, issuance June 30, first payment December 31, second payment Unamortized Discount $6,773 5,926 5,079 Carrying Value $95,227 96,074 96,921 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 Record the issue of bonds with a par value of $102,000 cash January 1. Note: Enter debits before credits. Date General Journal Debit Credit January 01