Paulson Company issues 6%, four-year bonds, on January 1 of this year, with a par value of $95,000 and semiannual interest payments. Semiannual Period-End (0) January 1, issuance (1) (2) June 30, first payment December 31, second payment Unamortized Discount Carrying Value $6,633 $88,367 5,804 89,196 4.975 90,025 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 $95,000 cash January 1. Note: Enter debits before credits Date January 01 General Journal Debit Credi View general journal Record entry Clear entry