Premium amortized - $4,100 / 10 - $410 rent Cash paid - Premium amortized - $4,500 - $410 - $4,090 came acco > Try it! onds payable at 98 on January 1, 2014, Schmidt issued $100,000, 4%, 10-year bonds payable at 98 on Janua 6. Journalize the issuance of the bonds payable on January 1, 2014 7. Journalize the payment of semiannual interest and amortization count or premium (using the straight-line amortization method) on 8. Assume the bonds payable was instead issued at 106. Journalize the the bonds payable and the payment of the first semiannual interest zation of the bond discount or premium. mortization of the bond die method) on July 1, 2014 ournalize the issuance of semiannual interest and amort- Check your answers at the end of the chapter. For more practice, see Short Exercises 514-5 through S14-7. My AccountingLab