QS 10-8 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 $160,000 and semiannual interest payments Semiannual Period-End Uninortired Discount Carrying Value (0) January 1, issuance $ 8,300 $151,700 June 30, first payment 7,470 152,530 (2) December 31, second payment 6,640 153,360 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 is the second interest payment on December 31 View transaction list Journal entry worksheet 2 3 1 > Record the issuance of the bonds. Note: Enter debits before credits General Journal Debit Credit Date January 01 Record entry Clear entry View general Journal