Exercise 10-5(Algo) Straight-Line: Recording bond issuance and discount amortization LO Paulson Company issues...

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Accounting

Exercise 10-5(Algo) Straight-Line: Recording bond issuance and discount amortization LO
Paulson Company issues 9%, four-year bonds, on January 1 of this year, with a par value of $106,000 and semiannual interest payments.
\table[[,Semiannual Period-End,Unamortized Discount,Carrying Value],[,January 1, issuance,$6,853,$99,147
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