Paulson Company issues 6%, four-year bonds on December 31, 2016, with a par value of $200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record
(a) The issuance of bonds on December 31, 2016;
(b) The first interest payment on June 30, 2017; and
(c) The second interest payment on December 31, 2017.
Semiannual Period-End __________Unamortized Discount __________Carrying Value
(0) 12/31/2016 . . . . . . . . . . . . . . . . . . . . . . $13,466 . . . . . . . . . . . . . . . . . . . $186,534
(1) 6/30/2017 . . . . . . . . . . . . . . . . . . . . . . . 11,782 . . . . . . . . . . . . . . . . . . . . . 188,218
(2) 12/31/2017 . . . . . . . . . . . . . . . . . . . . . . 10,098 . . . . . . . . . . . . . . . . . . . . . 189,902