Paulson Company issues 8%, four-year bonds, on January 1 of this year, with a par value of $97,000 and semiannual interest payments Semiannual Period-End (0) January 1, issuance (1) June 30, first payment (2) December 31, second payment Unamortized Discount $ 6,673 5,839 5,005 Carrying Value $ 90,327 91,161 91,995 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 3 Record the issuance of the bonds on January 1. Note: Enter debits before credits. Date January 01 General Journal Debit Credit Paulson Company issues 8%, four-year bonds, on January 1 of this year, with a par value of $97,000 and semiannual interest payments. Semiannual Period-End (e) January 1, issuance (1) June 30, first payment (2) December 31, second payment Unamortized Discount $ 6,673 5,839 5,005 Carrying Value $ 90,327 91,161 91,995 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 < 2 3 Record the first interest payment on June 30. Note: Enter debits before credits. Date June 30 General Journal Debit Credit Record entry Clear entry View general journal Paulson Company issues 8%, four-year bonds, on January 1 of this year, with a par value of $97,000 and semiannual interest payments. Semiannual Period-End (0) January 1, issuance (1) June 30, first payment (2) December 31, second payment Unamortized Discount $ 6,673 5,839 5,005 Carrying Value $ 90,327 91,161 91,995 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 < Record the second interest payment on December 31. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Record entry Clear entry View general journal M