Question 1 Wiew Policies Current Attempt in Progress Presented below is the partial bond discount amortization schedule for Gomez SA. Gomez uses the effective-interest method of amortization. Interest Expense to Be Recorded Interest to Be Paid Discount Amortization Bond Carrying Value Interest Periods Issue date Unamortized Discount 38,609 35,539 32,316 45,000 45,000 48,070 48,223 3,070 3,223 961,391 964,461 967,684 (a) Prepare the journal entry to record the payment of interest and the discount amortization at the end of period 1. (Credit account titles are automatically inde Account Titles and Explanation Debit Credit Save for Later