eBook HintPrintReferences Check my work Check My Work button is now enabled2Item 2Item 2 33.33 points QS 14-8 Recording bond issuance and discount amortization LO P2 Snap Company issues 10%, five-year bonds, on January 1 of this year, with a par value of $160,000 and semiannual interest payments. Semiannual Period-End Unamortized Discount Carrying Value (0) January 1, issuance $ 8,300 $ 151,700 (1) June 30, first payment 7,470 152,530 (2) December 31, second payment 6,640 153,360 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.

1. Record the issuance of the bonds

2. Record the interest payment and amortization on June 30

3. Record the interest payment and amortization on December 31.