Paulson Company issues 9%, four-year bonds, on January 1 of this year, with a par value of $94,000 and semiannual interest payments (0) Semiannual Period End January 1. 18 sunce June 30, tirat payment December 31, second payment Unamortized Discount $6,613 5,786 1,959 Carrying Value $87,307 88,214 89,041 (2) Use the above straight-line bond amortization table and prepare journal entries for the following (a) The issuance of bonds on January 1 (6) The first interest payment on June 30 (c) The second interest payment on December 31 Saved Journal entry worksheet Record the issue of bonds with a par value of $94,000 cash January 1. w Note: Enter debits before credits. Date General Journal Debit Credit January 01 Record entry Clear entry View general journal Journal entry worksheet 1 > 3 N Record the first interest payment on June 30. Note: Enter debits before credits. General Journal Debit Credit Date June 30 Record entry Clear entry View general journal Journal entry worksheet