Prepare entries to record issuance of bonds, payment of interest, amortization of premium, and redemption at maturity. 6. Patino Company issued $400,000, 9%, 20-year bonds on January 1, 2010, at 103. Interest is payable semiannually on July 1 and January 1. Patino uses straight-line amortization for bond premium or discount. Instructions: Prepare the journal entries to record the following. (a) The issuance of the bonds. (b) The payment of interest and the premium amortization on July 1,2010, assuming that interest was not accrued on June 30. (c) The accrual of interest and the premium amortization on December 31,2010. (d) The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded