QS 10-10 (Static) Recording bond issuance and discount amortization LO P2 Snap Company issues 10%, five-year bonds, on January 1 of this year, with a par value of $100,000 and semiannual interest payments. 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