Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par value of $130,000 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 3 Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par value of $130,000 and semiannual interest payment 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 3 Record the interest payment and amortization on June 30. Notei Enter debita before credits. Snap Company issues 12%, five-year bonds, on January 1 of this year, with a par value of $130,000 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 Record the interest payment and amortization on December 31 . Motel Enter debits before credits