Paulson company issues 6 four-year bonds on december 31

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Paulson Company issues 6%, four-year bonds, on December 31, 2013, with a par value of $90,000 and semiannual interest payments.

 Semiannual Period-End Unamortized Discount Carrying Value
(0)   12/31/2013   $ 6,533   $ 83,467  
(1)    6/30/2014     5,716     84,284  
(2)   12/31/2014     4,899     85,101
Use the above straight-line bond amortization table and prepare journal entries for the following.

(a) The issuance of bonds on December 31, 2013.

(b) The first interest payment on June 30, 2014.

(c) The second interest payment on December 31, 2014

Reference no: EM13389989

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