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Woodwick company issues 10 five year bonds on dec 31 2012

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Woodwick company issues 10% five year bonds on Dec 31 2012, with a par value of $200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record a) the insurance of bonds on Dec 31, 2012; b) the first interest payment on June 30, 2013; and c) the second interest payment n Dec 31, 2013.

SEMIANNUAL PERIOD END UNAMORTIZED PREMIUM

CARRYING VALUE
(0) 12/31/2012 16,222

216,222
(1) 6/30/2013 14,600

214,600
(2) 12/31/2013 12,978 212,978

Reference no: EM13581460

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