Question: please help I will give you thumbs up! Exercise 10-5 (Algo) Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson Company issues 8%, four-year

please help I will give you thumbs up!

Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson Company issues

8%, four-year bonds, on January 1 of this year, with a par

value of $97,000 and semiannual interest payments. Use the above straight-line bond

Exercise 10-5 (Algo) Straight-Line: Recording bond issuance and discount amortization LO P2 Paulson Company issues 8%, four-year bonds, on January 1 of this year, with a par value of $97,000 and semiannual interest payments. Use the above straight-line bond amortization table and prepare journal entries for the following. (a) The issuance of bonds on January 1 . (b) The first interest payment on June 30. (c) The second interest payment on December 31. Journal entry worksheet Record the issuance of the bonds on January 1. Note: Enter debits before credits. Journal entry worksheet Record the first interest payment on June 30. Note: Enter debits before credits. Journal entry worksheet Record the second interest payment on December 31. Note: Enter debits before credits

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