QS 10-10 (Algo) Recording bond issuance and discount amortization LO P2 Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par value of $170,000 and semiannual interest payments. Semiannual Period-End Unamortized Discount Carrying Value (B) January 1, issuance (1) June 30 , first payment $8,300 7,470 $161,700 (2) December 31, second payment 6,640163,360 Use the above bond amortization table and prepare journal entries to record (a) the issuance of bonds on January 1 , ( b ) the first interest payment on June 30, and (c) the second interest payment on December 31. Journal entry worksheet Record the interest payment and amortization on June 30. Note: Enter debits before credits. QS 10-10 (Algo) Recording bond issuance and discount amortization LO P2 Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par value of $170,000 and semiannual interest payments. Semiannual Period-End Unamortized Discount Carrying Value (0) January 1, issuance (1) June 30, first payment (2) December 31, second payment $8,300 7,470 6,640 161,700 162,530 163,360 Use the above bond amortization table and prepare journal entries to record (a) the issuance of bonds on January 1 , (b) the first interest payment on June 30, and (c) the second interest payment on December 31. Journal entry worksheet 123 Record the issuance of the bonds. Note: Enter debits before credits. OS 10-40 (Algo) Recording bond issuance and discount amortization LO P2 Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par value of $170,000 and semiannual interest payments. Semiannuat Period-End Unamortized Discount Carrying Vatue (8) January 1, issuance (1) June 30, first payment $8,300 (2) December 31, second 7,470 $161,706 162,530 163,360 payment 6,640 Use the above bond amortization table and prepare journal entries to record ( () the issuance of bonds on January 1, ( () the first interest payment on June 30, and (C) the second interest payment on December 31. Journal entry worksheet Record the interest payment and amortization on December 31 . Note: Enter debits before credits