Snap Company issues 14%, five-year bonds, on January 1 of this year, with a par value of $100,000 and semiannual interest payments. 8 (0) (1) (2) Semiannual Period - End January 1, issuance June 30, first payment December 31, second payment Unamortized Discount $ 8,500 7,740 6,880 Carrying Value $91,400 92,260 93,120 1:15:57 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. View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 January 01 Cash Discount on bonds payable Bonds payable 91,400 8,600 100,000 2 June 30 Interest payable Cash Discount on bonds payable 3 December 31 Cash Bonds payable Interest payable