structions ) Prepare a bond discount amortization schedule which shows the amortization of discount for the first two interest payment dates. (Round to the nearest dollar.) ) Prepare the journal entries that Timber Corporation would make on January 1 and December 31, 2017 and anuary 1, 2018, related to the bond issue. TIMER CORPORATION Bond Discount Ammortization Effective-Interest Method-Annual Interest Payments 6% Bonds Issues at 8% A Annual Interest Interest to Interest Expense Dicount Unamortized Bond Carrying Period be Paid to be Recorded Ammortization Discount Value Issue Date General Journal Date Accounts tiltes & Explanation Ref. Debit Credit