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Sylvestor Company issues 10%, five-year bonds, on December 31, 2014, with a par value of...

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Sylvestor Company issues 10%, five-year bonds, on December 31, 2014, with a par value of $160,000 and semiannual interest payments emiannua Unamortized Discount Carrying Value 8,300 7.470 6,640 s (0) 12/31/2014 () 6/30/2015 (2) 12/31/2015 $151,700 152,530 153,360 Use the above bond amortization table and prepare journal entries to record (a) the issuance of bonds on December 31. 2014. (b) the first interest payment on June 30, 2015: and (c) the second interest payment on December 31, 2015 View transaction list View journal entry worksheet No Date 1 Dec 31, 2014 Cash General Journal Debit Credit 51,700 8.300 Discount on bonds payable Bonds payable 160,000 2 Jun 30, 2015 Bond interest expense cash Discount on bonds payable 3 Dec 31. 2015 Bond interest expense Cash Discount on bonds payable

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