Snap Company issues 12%, five year bonds, on January 1 of this year, with a par value of $110,000 and semiannual interest payments. Semiannual Period-End (0) January 1, issuance (1) June 30, first payment (2) December 31, second payment Unamortized Discount Carrying Value $7,300 $102,700 6,570 103,430 5,840 104,160 Use the above bond amortization table and prepare journal entries to record (c) the issuance of bonds on January 1, (b) the first interest payment on June 30, and the second interest payment on December 31 View transaction list View journal entry worksheet No Credit Date January 01 General Journal Cash Discount on bonds payable Bonds payable Debit 102,700 7,300 110,000