Required information (The following information applies to the questions displayed below.) On January 1, a company issues 7%, four-year bonds with a $105,000 par value at a price of $100,950. Interest is paid semiannually on June 30 and December 31. 2. Prepare entries for the first two interest payments. Note: Round answers to the nearest dollar. View transaction list Journal entry worksheet 1 2 Record the interest payment and discount amortization on June 30, Year 1. Note: Enter debits before credits. Date June 30, Year 1 + General Journal Debit Credit View general journal Clear entry Record entry Note: Round answers to the nearest dollar. View transaction list Journal entry worksheet < 1 Record the interest payment and discount amortization on December 31, Year 1. Note: Enter debits before credits. Date December 31, Year 1 General Journal Debit Credit View general journal Clear entry Record entry < Prev 4