Paulson Company issues 9%, four-year bonds, on January 1 of this year, with a par value of $99,000 and semiannual interest payments. (0) (1) 2) Semiannual Period - End January 1, issuance June 30, first payment December 31, second payment Un amortized Discount $6,713 5,874 5,035 5,874 Carrying Value $92,287 93,126 93,965 93,126 : 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. Journal entry worksheet 2 3 Record the issue of bonds with a par value of $99,000 cash January 1. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Journal entry worksheet